Word: consumerized
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Professor Chamberlin's new assignment is interesting in view of the opinions he recently expressed in his chapter of "The Economics of the Recovery Program." In this chapter he advocates means of bringing about a general increase in purchasing power, not only for wage earners, but also for "farmers, dividend...
One reason why Pennsylvanians had to pay higher prices: They were obliged to absorb a $2 a gal. tax which the Legislature last month put upon all liquor stored in the state. This tax was bitterly contested by Schenley Distillers Corp. who had most of the liquor stocks in the...
As a brain truster recently remarked, increased consumer purchasing power does not cause recovery, it is recovery. What the country needs is purchasing power. And that is what the country is getting; that is what is meant by an unbalanced budget, by a steadily rising public debt.
has obviously just his anger in the crux of the matter when he says concerning the attempt to increase purchasing power; "Such an increase is obviously not a means of bringing about recovery; it is recovery itself. What we have to do is to consider the effectiveness of other means...
Still very much in the saddle in spite of reports that he would soon retire from NRA, ham-handed General Johnson with oldtime cavalry gusto dismissed Pittsburgh's NRAdministrator, John S. Fisher. Mr. Fisher was no mere local booster who had climbed on the Recovery bandwagon, but once (1927...