Economics Of Eisenhower In November of 1952 General Dwight D. Eisenhower was choose to the office of hot seat of the United States. It was the first time a Republican was elected since Herbert Hoover in 1928. The Eisenhower administration started at a quite a awkward time, both politically and economically. First of all in that respect was a war on. The Korean War had begun in June of 1950 and was clam up waging. As was usual for wartime the country was economically prosperous. However, the war had caused chair Truman to abandon his former restraints on government spending.
The amount of cash being spent on defense skyrocketed to supply the phalanx in Korea with the supplies they needed. This caused the federal deficit to increase dramatically (Pach and Richardson, 53). other legacy leftover from the Truman days was that of the Fair Deal domestic help program. Although Truman found much opposition to his programs in Congress he managed to pull several things done. Such as ...If you want to get a full essay, order it on our website: Ordercustompaper.com
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