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Updated: August 2, 2024
It all harks back to scarcity of resources land, money, raw materials, manpower, creative brains. Those who can afford to do so, hoard resources to offset anxiety regarding future uncertainty. Others wallow in paucity. The distribution of means is thus skewed. "Distributive justice" deals with the just allocation of scarce resources. Yet, even the basic terminology is somewhat fuzzy.
Lavender's voice, as he reached the fourth leader, "we still require the maximum of effort, and a considerable reinforcement of manpower will in that direction be necessary to enable us to establish the overwhelming superiority in the air and in guns which alone can ensure the defeat of our enemies...." He reached the fifth in what was almost a scream.
Accustomed to tremendous wartime losses of manpower, they had at first taken the news stoically, interpreting it as just another defeat to be later redeemed by pouring fresh troops and then more fresh troops after those which had gone down.
Fred Bergsten, head of the Institute for International Economics, calculated in his testimony to the Senate Banking Committee on May 1, that America's trade deficit soars by $10 billion for every percentage rise in the dollar's exchange rate. American manufacturers shifted production to countries with more competitive terms of trade cheaper manpower and local inputs.
This possibility of a deflationary spiral in the future will exist unless we now plan and adopt an effective full employment program. During the war, production for civilian use was limited by war needs and available manpower. Economic stabilization required measures, to spread limited supplies equitably by rationing, price controls, increased taxes, savings bond campaigns, and credit controls.
Our strategic reserves must be centrally placed and readily deployable to meet sudden aggression against ourselves and our allies. Fourth, our defense must rest on trained manpower and its most economical and mobile use. A professional corps is the heart of any security organization.
Last year, we stopped them. This year, we intend to advance. Turning now to the European theater of war, during this past year it was clear that our first task was to lessen the concentrated pressure on the Russian front by compelling Germany to divert part of her manpower and equipment to another theater of war.
Naturally when they found bankers with imagination in Detroit they stayed there. What happened to Springfield is what is going to happen to America if we do not make immediate national arrangements for getting men who have imagination in business in this country, men who can invent manpower, to know each other and act together.
As we move beyond civilization onto a more mature and more complicated culture level, we may have a workable system of social priorities, but does our oncoming stream of manpower have the interest, the imagination, the competence, the sense of social responsibility and the staying power necessary to arouse in a series of generations the will and determination to carry out social policy?
In the 1959 budget, increased expenditures for missiles, nuclear ships, atomic energy, research and development, science and education, a special contingency fund to deal with possible new technological discoveries, and increases in pay and incentives to obtain and retain competent manpower add up to a total increase over the comparable figures in the 1957 budget of about $4 billion.
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