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Show f ' : It's our ( business! , . Charts and figures which have been exhibited to Congress show that the OPA is fostering inflation, enabling black markets to flourish, flour-ish, making it impossble for the public to buy low-cost goods, driving prices up and slowing down the peacetime production of goods. They summarize four reasons why OPA hinders production and Mr. and Mrs. John Q. Consumer Con-sumer should know these as well as Congress: Four Reasons . . . "1. With three million businesses business-es to regulate and 8 million prices to set and police, it is not possible possi-ble to prevent delays and confusion, confu-sion, with some prices too high, others too low. "2. With some prices too high, others too low, production will remain out of balance because producers naturally will concentrate concen-trate on turning out those goods which are most profitable, and attempts to correct this unbalance unbal-ance by price adjustments will always al-ways create still more points of I unbalance. "3 Fixing prices on the basis of CPA's theoretical estimates of future production and costs, rather rath-er than established facts, will make production dependent on the accuracy of OPA guesses instead in-stead of the realities of the marketplace. "4 Holding profits 25 below 1936-39 and figuring profits on net worth instead of on the volume vol-ume of sales, destroys the incentive incen-tive to try to get all-out production." produc-tion." Within the next year, perhaps within the next 90 days, the economic eco-nomic future of the United States will foe determined. It will be determined by whether whe-ther we all of us, the American people acting through Congress-win Congress-win the fight on inflation. And PRODUCTION is the answer an-swer to inflation! |