Show ONCE OVER Explaining an Expanded Economy By H. H HI L I. I Phillips EAR Hi The more I read about D DEAR this expanding economy of ours the more I am puzzled Can you explain it Baffled Reader Glad to An expanding economy is isan isan isan an economy in which a country over its head In debt and not knowing what to do about it phones its economy economY economy econ econ- omy expert and orders another f round of rainbows for the boys Inthe In hi hithe inthe the back room It is an economy arrived at by talking through your hat bat figuring with invisible ink on a greased slate and arriving at conclusions by tea leaf reading in a mystic maze If you have ten apples and give giveaway giveaway away ay nine apples you really have one apple left leU under fashioned old American economy but in an expanding expanding ex ex- economy you have a paper bag full of imaginary apple trees and a statement assuring you that your overall apple outlook is good if it you are unselfish An expanding economy depends depends depends de de- de- de upon the same routine as that employed by the janitor when he says the heat beat Is on fall fuU when the apartment thermometer thermometer eter registers zero When you fall overboard and keep bumping your head on the bottom of the boat every time you come up for tor air you may think you are In trouble But dont don't worry You are aret arel t l enjoying an expanded water carnival carni carni- val If U the till Is empty the money belt in hock and the cashiers cashier's office full of IOUs LOUs dont don't fret Your basic economic strength is splendid and there are two explanations Either your global view Is faulty or you are area a Republican f To simplify Once upon pon a time when the cow failed railed to give milk she was a sick cow Today It Is all right as she owes the milk to herself Should a cow g gue oe a I promissory note Instead of milk and merely moo when asked for another gallon she may not be much of a cow but everything will be all aU right If it she reduces inflationary pressures a and aDd n d avoids major dislocations In pappy's day if il the hens stopped laying aying It meant he was short of eggs Today you would know you were In an era of ot expanding hen hen- facing new frontiers unafraid unafraid unafraid un un- un- un afraid and that both you and the hens were experiencing a healthy economic growth Not clear yet Listen move closer please If you have a hen henon henon henon on a setting of six real eggs you are in the poultry business But if it it is a rooster on a setting of a dozen china hina eggs a recipe for eggnog and anda a poem on peacocks you are in an expanding economy and doing swell Yesterday when a man found himself In economic trouble he said This doesn't look good Today he be takes an expansive posture phones an expansive economist and gets the answer Bo y ar t p e n we In In r clover lAv i p l y e we u v Once when your books couldn't be balanced your adding machine began giving wrong answers and your wallet had sprung a leak you worried Today forget it it bub you have achieved a material well being being being be be- ing never known before Joe Stalin now forbids any foreign diplomats to travel more than 25 miles from the center of big cities Jose Ferrer Is in a New York hit Wt called The Shrike and Ima Dodo in describing it says I w The Shrike at the Scort Theater and It me as a big Elmer Twitchell says that every time Harry Truman unrolls a budget message four lour roll out of it J |