Prices and Politics

Archive Report

Postwar Price Inflation and 1948 Campaign

Party Attempts to Escape Blame for High Prices

Today's High Prices are recognized by Democrats and Republicans alike as a liability in the current bidding for ballots. The two parties admitted as much at the national conventions by blaming each other for the upward price movement, and recent exchanges in the same vein indicate that prices will be a continuing campaign theme. Because both parties have been exercising power, one in the Executive Branch and one in the Legislative Branch of the government, both are open to charges of not having done all that could have been done to halt or check price increases. Only Henry Wallace's Progressives, with no record of commission or omission, are free to accuse without ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles