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| | Planning for Prosperity: (Site not responding. Last check: 2007-11-04) |
 | | For them, the critical postwar question was how to sustain the war’s hypercharged economy of full employment, prevent a Depression, and usher in an era of broadly shared prosperity. Into this mix, the new economic ideas of John Maynard Keynes and disciples like Alvin Hansen, flowed like a tonic. |
 | | [10] And in proximate political terms, the Employment Act of 1946 was clearly a compromise between retreating liberals and conservatives newly convinced that the state could bolster American prosperity, as Bailey and Weidenbaum describe. |
 | | Businessmen like Ralph Flanders noted that full employment had been achieved under totalitarian systems, and Senator Murray warned that the Soviet Union, unlike the United States, might not have unemployment after the War. |
| mason.gmu.edu /~ayarrow/Feb20Page.htm (2216 words) |
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