Word: pessimists
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Dates: during 1940-1949
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Failure No. 3, in some ways more important than any, was the failure to control the sinister inflation already resulting from the defense boom. Even OPACS Boss Leon Henderson, seldom a pessimist, now gloomily admitted the U.S. was probably on the edge of credit inflation, although he could not foresee such extremes as the printing of greenbacks...
...another blow last week. Their favorite enemy, Harold L. Ickes, already Federal Oil Administrator, became Petroleum Coordinator for National Defense. The man they had damned as "imbued with an inordinate ambition ... to dictate the course of the industry" got the power to do just that. Cried a Tulsa pessimist: "Ickes is captain of our souls. My day is absolutely ruined...
...pessimist who resigned ambassadorship "to help keep...