THE NATION: Those High Prices

The U.S. was getting angry. It was a cold and considered anger directed against the high price tags on U.S. store shelves. By last week most U.S. citizens were wrathfully hunting a scapegoat.

Was it Big Labor? Big Labor's successful strikes in 1946 had helped to build the pressures which blew the lid off OPA and the ceiling off prices. Government statistics showed that Big Labor's weekly income had more than kept pace with prices since 1941 (see chart below). Big Labor had won these gains at the expense of unorganized workers, old-age...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!