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The United States fixation on privatization of everything while simultaneously wanted to get the Golden era of the 1950’s economy is like mixing oil and water. America had the most socialized government policies at that time.
On top of that, the private sector was booming as well because our citizens were educated (to a certain extent) and deemed the most valuable workers. There was no reason to go to other countries. By the way college a was FRACTION of what it cost now because of socialized policies
Boomers literally had the best fucking economy. And once they got into higher positions they failed to see why the economy. Their main focus was profit over the people and it fucked up the people.
Eisenhower steered a balanced course economically. He realized that many of the New Deal's social programs were both popular and effective. For example, he expanded Social Security to cover another ten million people who were not covered by the original program.
He invested federal money in the Interstate Highway System, one of the largest public spending projects in the country's history.
Eisenhower’s main economic goal through both his terms in office was to achieve a balanced federal budget.
Eisenhower’s main economic goal through both his terms in office was to achieve a balanced federal budget.
As the nation went into a recession in 1958–59, Eisenhower allowed the federal deficit to grow in order to stimulate the economy. By 1960, he managed to return the budget to a surplus.
Democrats (Which would flipped to today’s republicans right before nixon got in office) were demanding increases in defense spending in order to counter the Soviet threat.
Eisenhower used his background as an experienced military leader to reassure the nation that the defense budget did not need to be increased. He also fought tax cuts if they threatened to grow a government debt.
It’s literally what Bernie was trying to say and do. I hate yall
It’s literally what Bernie was trying to say and do. I hate yall
BASED EISENHOWER
