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Presents an update on the economic conditions in the U.S. Status of the measures proposed by U.S. President Harry S. Truman related to reconservation and security to the U.S. Congress; Effect of wage reduction of industry workers on the purchasing power of the country; Speculations of strikes and lockouts following wage reductions; Conclusions regarding the state of employment in the U.S.; Discussion on the meaning of unemployment and full employment; Estimates on the number of surplus workers that will be made to leave their jobs; Obstacles associated with the issue of postwar reemployment.

Comments on the proposals to let corporations plan taxes in the United States. Development of schemes to reduce taxes in the country during and after World War II; Arguments for reducing corporate taxes; Concerns that letting corporate influences on tax planning will create individual tax burdens.

Focuses on the need for tax reduction in the U.S. for business and for the higher incomes, recitals of the inequity and inappropriateness of an excess-profits tax in peacetime. Effect of war on dangerously large public debt that must be balanced by budget; Details of the Revenue Act of 1945 that provides more tax reduction for business than for individuals; Contributions of tax plans to relate taxation functionally to prices, wages, production, investment and employment; Representation by U.S. President Franklin D. Roosevelt on twelve year progress in statesmanship and fiscal enlightenment of both Congress and the public.

In 1933 and 1934 the U.S. government embarked upon a program of extraordinary expenditures designed to bring about recovery. Total expenditures, most of which were listed in the emergency portion of the budget, were increased in three years from four to seven billion dollars annually. Ordinary expenditures were considerably reduced. As a result of growing expenditures and inability to balance the budget, the national debt increased from nineteen billions in 1932 to twenty-seven billions in 1934. The present expenditures of U.S. President Franklin D. Roosevelt Administration's reveal certain outstanding policies. The government showed itself disposed to ignore the opposition to a large increase in the public debt. Large sums were lent, chiefly through the RFC, to private business, farmers, and home-owners to secure their solvency and prevent deflation. The government thus continued to pursue the previous Administration's policy of debt salvage.

Focuses on the current tax crisis in the U.S. and future forecasts in comparison to the British economic system. Description of the report proposed by the U.S. House Ways and Means Committee for levied taxes and year's expenditure; Request of the Treasury Department in taxes almost half of the annual cost of the war; Expectation of large economic sacrifice by the U.S. like England to win victory; Rise in cost of living; Report that the U.S. has moved up to a fuller utilization of its productive capacity resulting in an increase in defense production; Proposals of the Treasury for heavy taxation needed to immobilize redundant incomes; Concern to prevent inflation; Suggestions for personal income tax deductions; Need for a more progressive and liberal tax system in the U.S.

U.S. President Franklin D. Roosevelt's recent tax proposals threw new light for a few days on one of the greatest flaws in the tax system, the existence of large numbers of securities which are wholly tax exempt. The Treasury's loss of revenue caused by this convenient form of tax avoidance offered to the wealthy was demonstrated to the Congress. Yet on two occasions, Congress has refused to pass the needed legislation, and when the issue was again raised recently, it was quickly buried beneath the usual Washington dust storm.

The article focuses the issues faced by department heads on student recruitment and retention. It discusses the enrollment management plan (EMP) which is used in recruiting and retaining students by colleges and universities. It also mentions the use of an outside service providers in the recruitment of students which allows academic departments in reaching the next generation college students in various ways.