WAR ECONOMY: Anatomy of Suffering

Our national standard of living must be reduced to the level which prevailed in 1932.—Leon Henderson.

As for the inconveniences, discomforts and hardships that you and I will have to endure—why, we haven't even got to the foothills yet. . . . We'll do without a lot of things until it really hurts every single one of us.—Don Nelson.

Our civilian economy is fast going on a minimum subsistence standard.—Bill Batt.

In such words, and many more, too many people have been telling too many other people that the U.S. citizen is going to...