Word: cutbacks
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Dates: during 1940-1949
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...doubled its estimate of the amount of steel which can be used for civilian production in the first big cutback period, the first quarter. There may be 3,000,000 tons - enough to start mass pro duction of cars, refrigerators...
...Forces ordering an overall 15% slash in plane production. Reason: the Army has almost enough Flying Fortress and Liberator bombers to finish off Germany, will go into the stepped-up war against Japan with a new line of both bombers and fighters (see U.S. AT WAR). If the cutback goes through as planned, it will be the first actual downturn in the plane program since the war began...
Many of the plants hit by the sweeping cutbacks, such as Douglas, Consolidated Vultee and Lockheed, had a cushion: some of the manpower and facilities will be shifted to making planes for the Pacific war. But for Henry Ford's Willow Run, there was nothing to soften the blow. Three days after the cutback came, Willow Run began to lay off its 22,000 workers, thousands at a time. By the end of July all will be gone. Then the vast, $100,000,000 plant will be closed up tight. WPB, caught flat-footed by the Army...
Neither Bob Nathan, nor anyone else in WPB or the Office of War Mobilization and Reconversion, intends to short-change the armed services. But the sudden cutback in planes has made both WPB and OWMR wary. From now on, Army demands will be currycombed as never before. Said one OWMRster: "If just one kid is killed in the Pacific for lack of any weapon, then we've failed in our jobs. But we don't see any sense in arming every doughfoot with five machine guns if he can shoot only one. That might wreck our chances...
...Thus, by the end of the first year, even though the Japanese war is still on, industry can count on a minimum cutback of 35% in war production...