The latest gag in retailing circles is: "These shortages are so terrible I'll soon have to rent another warehouse to store my goods."
The quip pointed up the fact that after eight months of war in Korea, the civilian shortages predicted by Washington's hair-shirt cult had not materialized. The booming auto industry, which three months ago dropped thousands of workers because of a materials pinch, had now rehired most of them. Last week the automakers turned out 168,000 units, 40% above the 1950 period when Chrysler was closed by a strike. Building was nearly 25% above the February 1950 figure....
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