Word: consumerization
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¶ Present production of durable goods for the civilian economy is at the rate of about $7 billion a year; by a year from now it should be $16.7 billion (about 30% of 1939). Production of consumer goods and services will also expand as labor becomes available, because it is...
¶ A similar free market was established for all consumer goods, which had virtually disappeared under the Nazis' tight rationing.
Winston Churchill was rated the British Empire's No.1 cigar consumer (three an hour for 18 hours out of every 24). Said the rater, the pipe-smoking Earl of Halifax, Ambassador to the U.S.: "What he doesn't smoke, he eats."
"The current procedure involves a multiple system of control. It falls short of the demands of the consumer. It marks out a rough limit of tolerance, and it reveals, at least for the time, the temper of the personnel charged with administration. This raises an issue, opens or reopens a...
Senator in Action. As a Senator, Arthur Vandenberg has been a Republican independent. One of his heroes in the upper house was the late, great maverick, Bill Borah; when Borah died, Vandenberg moved into his office. He strung along with the New Deal on Social Security, SEC and price control...