Word: forecasts
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Dates: during 1940-1949
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Problem of Plenty. In its first crop forecast for 1949, the Department of Agriculture estimated that the winter wheat crop would be a near-record 964,808,000 bushels. That could mean a whopping surplus piled on top of this year's surplus. Although the Department had urged an 8% cut in winter wheat acreage, farmers (spurred by the price support law) had increased their acreage by 5%. It would cost taxpayers millions in support payments...
...inflation ahead for the U.S.? Or a price-lowering recession? The Administration, along with many businessmen, could not agree on a forecast. Secretary of Commerce Charles Sawyer thought the danger was inflation. In a report to President Truman, Sawyer asked that the new Congress extend the waning life of all present business controls (on exports & imports, scarce metals, etc.). He clearly indicated that he would also like some potentially stiffer "standby" controls...
...Merry-Go-Round, but it never broke down. Pearson got many a beat like the General George Patton* slapping story merely by printing what other newsmen knew, but had kept to themselves from feelings of patriotism or a foggy sense of newspaper ethics. He also made many a wild forecast -among them, that Marshal Tito would be assassinated in 1947 and, along with almost every pundit, that Truman would be beaten in 1948. He has not yet lived down his 1946 "disclosure" that U.S. troops had sired 14,000 Japanese bastards-though the G.I.s had been in Japan only...
...Weatherwise says so. For a century and a half, the meteorologist of the Old Farmer's Almanac has been predicting the year-round weather, and for all its radar and radio balloons, the U.S. Weather Bureau has never been able to woo his fans away. His forecast for the coming winter is a moderately pesky...
...couldn't exist without Sagen-dorph and his staff, "may forecast that a particular day will be 'warm.' He never says how warm it will be ... I'm not sure our definitions would be accepted in official weather circles. Abe defines rain as any precipitation which will spatter off a bald man's head. Snow means you can see a cat's tracks across the barn roof. These are meaningful definitions, but the specialists down at the Weather Bureau would probably have to hold their sides to keep from laughing." Funny, though, says Sagen...