Word: cutbacks
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Dates: during 1940-1949
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...trouble lay in the abrupt, muddleheaded way the cutback had been ordered -without due notice. Henry Kaiser, in his seven months at Brewster, had laid off 7,000 men, and not even the union had protested. But the Administration had stepped in unprepared, and fumbled its first big cutback crisis. Now it had to resort to make-work, tiding over the dismissed employes until July 1, to give them "adequate" dismissal notice. The Government could put Brewster to making spare parts for other Corsair producers -but this would be highly inefficient: their manufacturing techniques differed. Was the Administration...
...building the world's most powerful air force had been done: the days of vast plant expansion were over, the days of curtailment ("cutback" to the aircraft industry) close at hand. The aircraft industry buzzed with rumors of factories to be converted or closed down altogether...
...Senator was equally blunt in opposing any plan that called for complete Government supervision of the cutback to civilian production. He wants surpluses of materials made available to all manufacturers who have no unfilled war contracts and are not located in a critical manpower area. Said he: "The experience of the past does not indicate that Government agencies, staffed with dollar-a-year men from industry, have either the experience or the ability to select from tens of thousands of manufacturers those who are to be permitted to produce, and from thousands of items, those which are to be produced...
...industry was let in last week on a WPB secret. Vice Chairman Charles Wilson told the Automobile Labor Advisory Committee that when Germany surrenders, WPB will divert 35% of U.S. war facilities to civilian manufacture. At the present rate, this will mean a cutback of $25,000,000,000 in war production, will reduce war output to about $46,000,000,000 annually...
...come for the Nazis in 1944. But Franklin Roosevelt was being deliberately pessimistic. His request for $100 billion assumed that Hitler would still be fighting in full fury at the budget's end in June 1945. Victory sooner might possibly mean a 30 to 40, or even 50% cutback in war production. This was what war planners guessed-but no one knew for certain...