Word: consumerized
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At 8 o'clock Monday evening in the Littauer Lounge, he will speak on the agricultural situation to an audience composed mainly of graduate students. He will deliver a lecturer to which all members of the University are invited at 11 o'clock Tuesday morning in Sever 11 on the...
* Subsidiary of U.S. and the industry's largest consumer of soft coal.
Morgenthau's sponges are taxes, still more taxes; defense bonds, perhaps enforced savings. But he is bailing a ship into which the defense boom dumps new waves of purchasing power every week. During the first week of December, for example, some 8,000,000 citizens will draw $400.000,000...
He could not promise thatadvertising -any more than the consumer industries it chiefly serves-would not suffer in the defense program. ("I wouldn't try to kid professionals.") But he relied on his listeners to evolve some new uses for their "brilliant technics" that would keep them busy in...
Payroll taxes, he explained, are really loans at interest, which are paid back after the war, and serve to cut down consumer demand now and increase it when it is needed. This is a variant of the Keynes Plan, in effect in England.