Abstract

A Fiscal Program for High Employment

Today most businessmen agree that the elimination of mass unemployment is the first requirement for the post-war period. The demonstration of what businessmen and others are able to produce under the rates of a wartime economy is unanswerable evidence of what machines and men and organization can accomplish if their technical capacities are given full rein. People must now find means whereby private enterprise may do its part in achieving high production and high employment. As a step toward agreement on long-term policy, the author has suggested for discussion a nine-point post-war federal fiscal program. It suggests no public spending for its own sake and no projects merely because they support purchasing power in general.