Postwar Americ6 - to cut spending and taxes and maintain...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Postwar America U.S.    dominates global affairs EISENHOWER'S APPROACH When Dwight Eisenhower succeeded Truman as president, he accepted the basic  framework of government responsibility established by the New Deal, but sought to hold  the line on programs and expenditures.  He termed his approach "dynamic  conservatism" or "modern Republicanism," which meant, he explained, "conservative  when it comes to money, liberal when it comes to human beings." A critic countered that  Eisenhower appeared to argue that he would "strongly recommend the building of a  great many schools. ..but not provide the money." Eisenhower's first priority was to balance the budget after years of deficits.  He wanted 
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: to cut spending and taxes and maintain the value of the dollar. Republicans were willing to risk unemployment to keep inflation in check. Reluctant to stimulate the economy too much, they saw the country suffer three economic recessions in the eight years of the Eisenhower presidency, but none was very severe. In other areas, the administration transferred control of offshore oil lands from the federal government to the states. It also favored private development of electrical power rather than the public approach the Democrats had initiated. In general, its orientation was sympathetic to business....
View Full Document

This note was uploaded on 12/22/2011 for the course AMH AMH2010 taught by Professor Pietrzak during the Fall '10 term at Broward College.

Ask a homework question - tutors are online