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|January 1945 Radio News|
These articles are scanned and OCRed from old editions of the Radio & Television News magazine. Here is a list of the Radio & Television News articles I have already posted. All copyrights are hereby acknowledged.
Pay raises are bad for the country. That was according to the Office of War Information's War Advertising Council's full-page spread in the 1945 edition of Radio News magazine. According to their logic, you requesting or expecting - even accepting - a pay raise was damaging to the country's war effort because the ultimate result was increased prices for end users of products and services. It was an argument against inflation at a time when inflation was low (see BLS chart below). At the time, people had the best interest of the country at heart and, especially with the fate of the free world on the line, were largely willing participants. Having so many family members serving in foreign lands in a battle to beat back the forces of Communism, Marxism, Taoism, and all the other 'isms' helped feed the attitude. Can you imagine the response that would be seen from the public today if a similar message emanated from the Government? It would be quite entertaining.
Sure we all want a raise ... but raises today are bad medicine. Bad medicine for you. Bad medicine for everybody else. And here's why ...
Suppose you do get a raise ... and a lot of others get one, too. What happens? The cost of manufacturing goes up. Naturally your boss has to add this increase in cost to the price he asks the retailer. And the retailer, in turn, raises his price to the consumer ... that's you.
Multiply these hundreds of items that everybody has to pay more for by the thousands of other workers who want raises ... and by the thousands of business men and farmers who want more money for their products ... result ... you and all the others need another raise to make ends meet.
And so it goes ... wages and prices chase each other up and up ... until prices get so high that your dollar isn't worth a dollar any more.
So what good is a raise if your living costs go up even faster? And there's so little you can buy today anyway ... with most factories in war production.
Of course it's hard to give up the luxuries of life ... and even harder to give up some of the necessities. But this is War! And when you think of the sacrifices our fighting men are making ... many of them giving up their lives for us ... no sacrifice we can make should be too great.
So if you want to be able to enjoy the good things of life in the peaceful days to come ... if you want to speed victory and thus save the lives of thousands of fighting men ... start doing these seven things now ...
1. Buy only what you need. Take care of what you have. Avoid waste.
2. Don't try to profit from the war. Don't ask more than you absolutely must for what you have to sell ... whether it's goods or your own labor you're selling.
3. Pay no more than ceiling prices. Buy rationed goods only by exchanging stamps. Otherwise, you're helping the black-market criminals, hurting yourself and all other good Americans.
4. Pay taxes willingly. They're the cheapest way of paying for the war.
5. Payoff your old debts - all of them. Don't make new ones.
6. If you haven't a savings account, start one. If you have an account, put money in it - regularly. Put money in life insurance, too.
7. Buy and hold War Bonds. Don't stop at 10%. Remember - Hitler stops at nothing!
Help Us Keep Prices Down
Use It up ... Wear it out. Make do ... Or do without.
A United States War message prepared by the War Advertising Council; approved by the Office of War Information; and contributed by the Magazine Publishers of America
Posted January 26, 2015