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In November of 1952 General Dwight D. Eisenhower was elected to the office of
President of the United States. It was the first time a Republican was elected since
Herbert Hoover in 1928. The Eisenhower administration started at a rather awkward
time, both politically and economically. First of all there was a war on. The Korean War
had begun in June of 1950 and was still waging. As was usual for wartime the country
was economically prosperous. However, the war had caused President Truman to
abandon his former restraints on government spending. The amount of money being
spent on defense skyrocketed to supply the troops in Korea with the supplies they needed.
This caused the federal deficit to increase dramatically (Pach and Richardson, 53).
Another legacy leftover from the Truman days was that of the Fair Deal domestic
program. Although Truman found much opposition to his programs in Congress he
managed to get several things done. Such as a public......
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Title: Economics Of Eisenhower .
Approximate Word Count: 2027
Approximate Pages: 9 (250 words per double-spaced page)
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