Abstract

Billions for Insecurity. Part III of the Big Guns
Josephson, Matthew | January 28, 1956 issue

add to cart   close window

This article presents a study of huge military establishments and its impacts on their political and economic institutions in the U.S. The arms budget continued to rise in 1953 and remained upon a high plateau thereafter. Investigations by the Hoover Commission, discovered that there are at least 16,000 duplicating jobs in the administrative branches of the Defense Department which is resulting in wastage of all kinds of materials. Full production and full employment simulated by the military program have created a great boom in consumers goods, durable manufacturers and building constructions, but it has been accompanied by a dangerous expansion of installment loans and debts.

See Also:

MILITARY art & science; BUDGET; BANK loans; INSTALLMENT plan; UNITED States. Dept. of Defense; UNITED States
ARCHIVE HOME
Pricing
Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95
Refund Policy
Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.
Access for libraries
help
Search
Browse
Sample Article

My Articles

You must be logged in to view your articles.

User name

Password

I don't have a login.

I forgot my user name/password.
Advertisement
Advertisement

Blogs

» The Beat

Another Helping of FDR Please | Obama should follow the New Deal president's example and make his Thanksgiving Proclamation a call for economic justice.
John Nichols
7 Comments
Posted at 0:24 ET

» Editor's Cut

Filibuster Follies | "The filibuster has become a cancer growing inside the world's greatest deliberative body."
Katrina vanden Heuvel
67 Comments

» The Notion

Bad Black Mothers | For African American women, reproduction has never been an entirely private matter.
Melissa Harris-Lacewell
88 Comments

» Act Now!

Coal Country | Stunning film reveals new dimensions to the cost of America's over-reliance on coal.
Peter Rothberg
103 Comments

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
57 Comments