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What will be done with all our weapons plants as we switch to a peactime economy? Convert them to consumer items so we can undersell the Japanese at home and abroad.
Color TV sets for $150, luxury cars for $9,999, VCRs for $129.
Four good things happen. 1) We keep our ”defense plant” workers employed. 2) The government turns a small profit on the consumer goods it makes. 3) We redress the unfavorable balance of trade. 4) And we give the Japanese a taste of their own medicine.
