TV Interview: Labor Unions Defense Spending & Inflation 1951

2007-09-14 99

Trailer: Maurice J. Tobin, U.S. Secretary of Labor, is interviewed by Lawrence Perdick and William Bradford Huie in this classic political panel discussion. The main topic of discussion is how labor unions and defense spending affect inflation. An outspoken and animated Secretary Tobin and interviewer Lawrence Perdick take opposing viewpoints on how inflation should be controlled. The meat shortage of October 1946 is also discussed, and Tobin discloses that he believes the meat industry purposefully created the shortage because they knew price controls were about to be removed.