Word: joblessness
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Dates: during 1940-1949
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Upton Sinclair, best-selling socialistic novelist and pamphleteer, onetime politician and part-time prophet, gloomily predicted a postwar period of "hilarious prosperity" directly followed by a worldwide deflation, resulting in 30 or 40,000,000 jobless in the U.S. alone...
...less spectacular fashion ammunition plants were shut down all over the nation, at least one of them before a single pound of powder had been made. The cutbacks hit aluminum, magnesium, pocketed the nation here & there with jobless. And they stirred up the fracas of the year between WPBoss Don Nelson and his tough, big-jawed vice chairman, Charlie Wilson...
...While jobless, Washer paid $25 for a painting in a secondhand bookstore in Los Angeles. Later, art experts verified it as an old master by Italy's Giovanni Battista Tiepolo, appraised it at $100,000. Washer still...
...very harmful to the fighting spirit of the American people and discouraging to our Allies. He speaks through the Congress man who implies that President Roosevelt was the Judas of Pearl Harbor, and through Governor Bricker who implies that the war was devised to provide jobs for the jobless. These are poisonous ideas that catch on easily and break down people's determination to see this war through to the bitter...
...bill leaves the No. 1 job-that of seeing workers through a possible reconversion depression-to the states. The states can tap the Federal Government only if they run out of cash to pay the jobless the benefits, which range from $2 to $22 a week. Then the money is to be lent, not given. Even these benefits are so hedged that the 3,600,000 federal employes, including thousands in U.S.-owned arsenals and shipyards, are left out in the cold. So are migrant war workers. The House trampled on a Senate proposal for the Federal Government...