Word: lags
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Admiral Horne and his boss were well-intentioned; they were merely doing their salty best to carry out the new official Washington line against "civilian complacency," one of the causes of the current grave lag in production (TIME, July 26). But many a citizen was bound to recall the strange contrast of Admiral William F. Halsey, who predicted, in a whoopsadaisy mood last January, that he could see U.S. troops marching into Tokyo by the year...
...okayed an increase in the work day from eight to ten hours, but its membership voted it down. This jeopardized a stopgap measure Phil Johnson was promoting: a five-hour shift for housewives to cover the gap between two ten-hour shifts. Probability: Flying Fortress production will continue to lag...
Cause. What caused the unexpected lag in production at the very time when increases are required? Some individual drops are traceable to the redesigning of equipment, to changeovers because of new battlefield needs. Some have been caused by strikes and floods. But the lag has apparently been far too general to be traceable to any of these isolated causes...
...been diagnosed-new bottlenecks developing as materials and skills were spread thinner, new breakdowns suddenly occurring because men and machines have for months been working at fuller capacity than ever before, absenteeism. But regardless of the cause, the U.S. will have to work harder to overcome the lag in production. Good news from the battlefronts must not be allowed to become bad news for the war effort...
...Superstructure. Moulton ridicules the theory that public spending can so increase the national income that taxes will increase to the point where the budget can be balanced. How come, asks Moulton, that this is just what does not happen in war, where national income rises sharply but taxes lag far behind? The war, thinks Moulton, proves not the benefits of public spending (as Hansen argues) but all its inflationary difficulties and collectivist consequences...