Doing a little more reading on the war economy and post-war expectations. This was interesting - it's from a radio broadcast "Will Re-armament Cure Unemployment" (1939):
"What a difference all this makes! It is not an exaggeration to say that the end of abnormal unemployment is in sight. And it isn't only the unemployed who will feel the difference. A great number besides will be taking home better money each week. And with the demand for efficient labour outrunning the supply, how much more comfortable and secure everyone will feel in his job. There will be other reasons for plenty of anxiety. But on of the worst anxieties is anxiety about getting and keeping work. There should be less of that than for years past.
I have a special extra reason for hoping that trade unionists will do what they can to make this big transition to fuller employment work smoothly. I began by saying that the grand experiment has begun. If it works, if expenditure on armaments really does cure unemployment, I predict that we shall never go back all the way to the old state of affairs. If we can cure unemployment for the wasted purposes of armaments, we can cure it for the productive purposes of peace. Good may come out of evil. We may learn a trick or two which will come in useful when the day of peace comes, as in fullness of time it must."