The Presidency Of Dwight D. Eisenhower

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 ...

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in the spending on these programs.
Unfortunately for them the newly elected president was not opposed to the
programs Truman had began and improved upon. Over the course of his
administration Eisenhower often did not hold the same opinions as some of
the members of his party.
As the Chief Economic advisor to the President of the United States
there are many different issues which I must consider. These issues are
both large and small, foreign and domestic, and affect the upper, middle,
and lower classes. At this point in time there are several important
concerns which I have. The Korean War is ending and this is going to have
a profound affect on the economy of the United States. During the war the
country was prosperous but afterward there is always a high risk of
increased inflation and an increase in unemployment. These conditions have
the ability to cause a recession. Now that an armistice has been reached
in Korea, a recession is beginning to occur (Pach and ...

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at least curtail the yearly increases. However, there are times when a
political leader must make their own decisions and not base the way they
run their administration on the influences from their party. It would be
better for the economic health of the nation to maintain all of the social
programs started under the Roosevelt and Truman administrations. While
this would normally pose a problem to the federal budget it will not due to
current conditions. The amount of money formerly spent on national
security, meaning military and defense spending has been severely reduced
(Albertson, 139). This frees up a large amount of money to be used for
other goals. These goals should ...

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The Presidency Of Dwight D. Eisenhower. (2008, May 1). Retrieved March 21, 2018, from
"The Presidency Of Dwight D. Eisenhower.", 1 May. 2008. Web. 21 Mar. 2018. <>
"The Presidency Of Dwight D. Eisenhower." May 1, 2008. Accessed March 21, 2018.
"The Presidency Of Dwight D. Eisenhower." May 1, 2008. Accessed March 21, 2018.
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Added: 5/1/2008 09:32:42 PM
Category: Government
Type: Premium Paper
Words: 1472
Pages: 6

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