1 / 7

Post War America

Post War America. Truman and Eisenhower. Return to a peacetime economy after the war caused problems: Rising demand  Inflation  Strikes GI Bill: boosted the economy by giving loans to veterans to help them start businesses, buy homes, and attend college. Truman Domestic Agenda.

arissa
Download Presentation

Post War America

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Post War America

  2. Truman and Eisenhower • Return to a peacetime economy after the war caused problems: • Rising demand  Inflation  Strikes • GI Bill: boosted the economy by giving loans to veterans to help them start businesses, buy homes, and attend college

  3. Truman Domestic Agenda • Despite Democratic losses in 1946, Truman pursued an aggressive domestic agenda: • Increase in minimum wage • Expansion of social security • Program to ensure full employment • National health insurance • Civil Rights bill

  4. Truman • With Congress dominated by Republicans and conservative Democrats, however, most of Truman’s proposals were defeated. • Taft-Hartley Act approved over Truman’s Veto • Truman ran for re-election in 1948 • Truman ran an aggressive campaign against the Republican Do-Nothing Congress and won a surprise victory.

  5. Truman • After his reelection, Truman proposed the Fair Deal, an extension of the New Deal, some of which Congress approved. • In 1952, with the war in Korea dragging on, Truman decided not to run again.

  6. Eisenhower • Appointed several business leaders to Cabinet jobs and viewed business growth as vital to the nation. • Cut taxes and some federal spending. • Got the Federal Highway Act passed, which constructed the interstate highway system. • Extended social security and unemployment, and increased minimum wage.

  7. Eisenhower • By the time Eisenhower ran for reelection in 1956, the nation had completed the transition from a wartime to a peacetime economy, and the 1950s were turning into an extremely prosperous decade

More Related