Sugar House Bulletin | 1945-10-26 | Page 7 | 'Jobs for All' Goal Seen in 150 Billion Income

Jobs for AH' Goal Seen In 150 Billion Income WASHINGTON. Treasury Secretary Secre-tary Vinson told congress that a national income of ISO billion dollars will be needed to provide Jobs for all who are willing and able to work To assure employment for 60 mil-; mil-; lion people, purchasing power must ! be increased enough to boost consumption con-sumption 50 per cent and to expand construction and Investment by 10C per cent over prewar levels, Vinson said in a statement for the senate banking committee. Vinson endorsed the so-called "full employment" bill, which the committee com-mittee is considering, but cautinnr-d that "ultimate reliance for jobs must come from an expansion of privaf j consumption and investments."