POSTWAR: All Wrong but Brookings

How big will the postwar income of the U.S. be? All goals for full postwar employment are mainly based on the accuracy of the answer to this question. Some of the estimates so far:

Vice President Henry Wallace: $170 billion.

Businessman-Planner Beardsley Ruml: $140 billion.

The Federal Reserve Board: $142 billion.

C.I.O.'s United Auto Workers: $200 billion.

This week, the Brookings Institution, famed for its economic studies, put out its own carefully considered estimate of postwar U.S. income, in an attempt to clear up the confusion. Net result was to add to the confusion, by stirring up a first-class row among economists. For one thing,...

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