The country was in the middle of an economic war of nerves.
Harry Truman could view the sad results of political expediency and appeasement, which began when he ended rationing after V-J day, granted labor its demands for wage boosts, and then tried to hold prices with OPA, hoping production would pull the country out of its hole. Congress axed OPA and, despite the President's pleas, was all set to drive a stake through its heart and bury it at a cross roads (see below). Harry Truman's fum bling efforts to control the economy had failed; now the country, nerves on...
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