Word: balloons
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Dates: during 1940-1949
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With the production program finally over the hump, the nation is faced with a six-billion purchasing power increase which, combined with an even greater decrease in consumers' goods production, can produce a fifteen-billion dollar inflation balloon. Danger from rising prices and a dislocated economy can not be met by "soaking the rich" alone. The six-billion demand increase is almost entirely in the hands of members of the lower income brackets and is not touched by the government's tax on individual and corporate surpluses. Paradoxically, with everyone employed and every sign of prosperity, the nation...
Radio commentators in their tensest voices blew up the balloon. Editorial writers recalled the 40-hour week in France and the fall of that nation. Many a U.S. citizen got the impression that thousands of U.S. workers were on strike, that hundreds of thousands were sabotaging the war effort in order to maintain a New Deal gain. The facts...
...found any shot-down plane; no one reported any bombed-out home. Rumors were thick as flack: that the Army had shot its 1,430 rounds at an escaped barrage balloon; that enemy planes had been reconnoitering; that the target was a lone U.S. plane trying to land; that the Army was staging a show to wake people up. The Western Defense Command said: "Unidentified aircraft were reported in the Los Angeles area...
...graduate of the University of Darmstadt, and a native of Weisbaden, Germany, Lange came to this country 11 years ago. He invented the "Weather balloon," which relays high-altitude weather conditions by means of a small transmitter. He taught Geography courses dealing with aeronautical meteorology...
...choice before he entered. He had to decide where he would serve, and stick to his choice. He chose The Netherlands East Indies, went to his first post in Java rarely well-equipped. He was not only an artillery specialist. He was also an airman. After winning an international balloon race in Germany, he learned to fly an airplane in 1911, was one of the world's earliest military aviators...