Word: consumerization
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The war reduced Stalingrad's population from 500,000 to 22,000, its housing to 5% of prewar, its plant capacity to zero. Today, according to the state's priority system, the city has 70% of its prewar plant capacity, 60% of its prewar population and 20% of...
The original version of the bill called for a continuation of present wool subsidies till 1948, and the sale of 500 million pounds of wool accumulated by the government at war-profits prices. Dissatisfied with these provisions the House has written in an amendment raising import fees (and therefore prices...
The reasoning of the House seems especially lame in the consumer connection, since it is the proclaimed thesis of the Republican Congress that government intervention to fix prices is a Bad Thing. This rallying cry swept price controls and the housing program before it in recent memory, but apparently price...
The cherished American custom of buying the good things of life on the installment plan has been greatly restricted by Regulation W, a wartime emergency measure. Buyers have had to plunk down one-third of the purchase price on cars, refrigerators, etc., pay off the rest within 15 months. Last...
The only people who are against credit control, said Eccles, are "the people who sell credit-the banks and the loan companies." Eccles said that in a poll of automobile dealers-usually considered the main beneficiaries of the installment system-only 51% voted for decontrol, 48% favored consumer credit legislation...