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BEST BROADCASTS OF 1938-39
Brenner. — I do.
Bryson. — How does it help business ?
Brenner. — By creating a purchasing power without which . . .
Bryson. — Do you want to use the word “create”? It doesn’t create, does it ?
Brenner. — No, it just puts it in the right hand.
Bryson. — It puts it there. The theory would be that it stimulates purchasing power.
SoKOLSKY. — But couldn’t we just for a moment go back to what Mr. Miller said? I think it’s very important.
Bryson. — What was that, Mr. Sokolsky?
SoKOLSKY. — We’ve got a conflict between two essential theories of government and economics. Shall production and distribution of goods and services be controlled, managed, owned by government? Or shall production of goods and services be owned by private enterprise but regulated by government ?
Bryson. — Now, do you think, Mr. Sokol . . .
Sokolsky. — I would suggest . . . no, no, go ahead. . . .
Bryson. — I just wanted to interrupt you with this question. Do you think the WPA is intervention in business by the government ?
Sokolsky. — It’s a confusing factor.
Bryson. — How ?
Sokolsky. — From the standpoint of industry. It creates standards and also peaks of employment, and it creates vested interests in continued unemployment which make it very difficult for big industry to adjust to conditions.
Bryson. — Suppose we consider the government’s action in various types of legislation, Hke the National Labor Relations Board and the Wages and Hours Bill, and so on. Are they an attempt on the part of the government to control business ?
Sokolsky. — Oh, yes.
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