WAR COSTS AND PRICES

The average American family thinks of prices only in terms of its cost of living.

It doesn't realize that the government today is buying 46 percent of all goods produced....

-that excessive prices greatly increase war costs and debts by raising the costs of battleships, tanks and all other equipment of war.

•

These excess war costs resulting from high prices pile up National debt.

They hit us all. We have to pay higher taxes.

WHAT WOULD THE WAR HAVE COST

TO DATE WITHOUT PRICE CONTROL? World War I cost $32,000,000,000, of which $18,500.000.000 was a nec-essary cost. Seventy-two percent or $ 13,500,000,000 was added to necessary cost by inflationary price increases.

Lets compare the inflationary pres-
-sures of World War I and of the pres-
ent war. Then everyone can decide for
himself how much the cost of this
war would have increased, but for
OPA PRICE CONTROL

Lets compare these pressures
which make prices soar unless they
are held under control.

INFLATIONARY PRESSURE No. 1 WAR COSTS

WORLD
WAR 1

WORLD
WAR 2

$

$32,000,000,000
(the end)

$

$136,000,000,000
(through 1943)

(Still growing at rate of $7,500,000,000 a month)

INFLATIONARY PRESSURE NO.2

PUBLIC BUYING POWER
(After taxes)

This is the money that the American people have available to spend in any way they see fit after taxes are paid.

INFLATIONARY PRESSURE No. 3

PERCENT OF GOODS GOING TO WAR