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Old 20th January 2006, 11:40
ArtieBob ArtieBob is offline
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Join Date: Dec 2004
Location: Sharps Chapel, TN USA
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Re: Scrapped planes after WWII

As I lived though that period in the USA, my memory is quite clear that military production was stopped very quickly. This was because in 1945 and 1946 in the USA, there was plenty of demand for automobiles , refrigerators, new houses, etc., etc.. The USA economy was very strong because it had been almost 100% employed during the war and because of rationing, cost controls, the unavailability of most consumer items there were both great demand and lots of saved up cash available. Remember the ability of the USA to produce so much military equpment so fast was that the consumer oriented industries such as automobiles, appliances and electronics was that these huge industries were able to convert completely to military production very quickly. IIRC correctly the first real slowdown here did not occur for several years, around 1948-9 and it did not last very long. If there was any "artificial" pumping of the economy it probably was the GI bill, which turned out to be one of the best investments any government has made to improve the economy.

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Artie Bob
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