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Small purchasing power of workers cause of business...

Updated Jun 26, 2025
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Small purchasing power of workers cause of business...
Small purchasing power of workers cause of business recession. Washington, D.C., Jan. 7. Testifying before the Senate Committee studying unemployment, Homer Martin, President of the United Automobile Workers, today said it was his impression that the present business situation has resulted from the inadequate purchasing power of workers. He added, this was caused by business taking so much out of the profits that the distribution among workers is affected, 1/7/38
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