Word: trumanism
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Dates: during 1950-1959
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...claimed (and got from millions of voters) credit for reducing unemployment. In 1944, when unemployment reached a record low of 440,000, there were nearly 12 million men in the armed forces. By early 1950, with no war to hop up the economy, the number of unemployed under Harry Truman's Administration had climbed back to nearly 4,700,000. This month, in a work force of 65 million, the number of unemployed is 3,000,000. Few economists believe that the U.S. (or any other nation) can maintain "full employment"-i.e., an unemployment figure below...
...delivered last week by Treasury Secretary George Humphrey before a Manhattan dinner of the Investment Bankers Association-not necessarily the best possible forum from the viewpoint of influencing voters. Humphrey had an impressive array of economic facts; he made the point that the Eisenhower Administration has succeeded-where the Truman Administration faile-in stabilizing the U.S. dollar. But the Secretary's presentation had a dry, uninspiring tone; his speech was briefly reported on the financial pages...
Organized & Dull. In defense and foreign policy there is a similar contrast between the Republican product and the Republican sales pitch. A recent Gallup poll shows that 64% of U.S. voters feel that the defense position of the U.S. is better now than it was under the Truman Administration. The Republican campaign has done little to capitalize on this highly favorable voter conclusion...
...column last week, Joseph Alsop, who considers himself a leader in the fight against McCarthy, wrote: "One of the real achievements of the Eisenhower Administration, apparently, is curing the national neurosis that was produced for so long by McCarthy's demagoguery, the Truman Administration's maladroitness and the foolish wartime misjudgments of the Communist Party's character." Coming from Joe Alsop, this is quite an admission. Are the Republican orators calling attention to their party's achievement in belling the McCarthy cat? They are not-and many of the intense anti-McCarthy votes are going Democratic...
...Philadelphia he said that all but one of 164 State Department employees fired as subversives and homosexuals since 1952 were holdovers from the Truman Administration. In Pittsburgh the theme was still security, and in Chicago he gave it a new twist. He charged that a "virtual blueprint for socializing America" had been "found in the files when we came to Washington . . ." That night he huddled with Newspaper Publisher John S. Knight, argued that Knight should throw his Chicago Daily News behind the candidacy of Illinois' Joe Meek. All he got was a maybe, but Knight promised...