Abstract

Votes, Jobs, and Taxes

No other issue in the campaign has raised so much smoke and disclosed so little fire as the question of post-war jobs in the coming Presidential elections in the United States. Both parties have glibly promised that there will be jobs for all if their candidates are victorious. And both have failed signally to tell how full employment is to be achieved in the post-war period. There was a time when the Republican Party was regarded as the party of sound finance. But this is no longer true. The same Republicans who only a few years ago were complaining about the size of the national debt and the threat to the stability of the dollar have supported the farm bloc and other special interests in their campaign to break the stabilization program, and have opposed the President's efforts to increase taxes so as to put war financing on a sound basis.