Word: pent-up
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Much of the boom is supported by debt; consumer credit, for example, stands at an alltime high of $21.7 billion, 12% above a year ago. And much of the pent-up demand for goods has been satisfied. There is little doubt that some industries will eventually have to go through painful readjustments such as television, textiles and some chemical companies experienced in the past year. But there,is also the prospect that reductions in taxes (see below), plus a more cost-conscious approach to government in general, will put more real income in the hands of consumers and counterbalance...
...protesting publicly that their differences were really nothing at all. Any minute, said both sides, would see the start of a second honeymoon. Last week, in the theoretical privacy of the party's 51st annual conference at Morecambe, a Lancashire seaside resort familiar to many a honeymooner, the pent-up emotions in both factions exploded in a headline-making brawl...
Since war's end, the U.S. has learned to build houses with the same mass-production hustle with which it pops out cars and toasters. All the conditions were ripe for the postwar revolution in housing. There was the huge pent-up demand of the war, plus the requirements of more than twelve million marriages, 21 million babies in the last seven years. The money to build was also there; savings were at an alltime high and the Federal Government's easy credit permitted an ex-G.I. to buy a $10,000 house with no down payment...
...Mars was so deeply in debt that he asked the Admiralty for leave. The request was turned down. When Mars was ordered to report for duty at Portsmouth Harbor, he sat down and wrote a letter to his superiors, refusing the command, requesting his retirement and venting all his pent-up spleen. "I do not wish to plague My Lords with a mass of detail mainly repugnant to them," he wrote. "It should be sufficient to say that I have lost faith in the present governmental hierarchy and all that goes with it. Also I have never had any feeling...
When it came, the Labor Party's pent-up quarrel broke into open mutiny. In the vote on Labor's own pallid motion (combining censure of Churchill with approval of rearmament), Nye Bevan and 39 of his followers stayed stolidly in their seats. Next came the vote on the government's motion approving the Churchill program. Attlee and the bulk of Labor stayed in their seats, abstaining but not voting against. But 40 Bevanites and another 15 Laborites, most of them pacifists, filed into the lobby in open defiance of party orders, to record Noes ("Nyes...