The Bogey of Excess Capacity

April 1941
New Republic;4/7/41, Vol. 104 Issue 14, p459
Discusses about the problem of excess capacity which may be faced by the U.S. after demobilization. Apprehension that after demobilization the demand of defense products may come down rapidly; Argument that in case Axis wins U.S. shall not be able to demobilize at all; Suggestion that the government should concentrate on useful products like housing, roads, conservation and other public works; Suggestion that monopoly power to restrict output or maintain prices can be curbed by anti-trust action or otherwise; Apprehension that taxes Will be greatly increased to help finance defense expenditure.


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