American's Post War Depression

What was perhaps most central to America's prosperity was that the Cold war kept production steep for planes and guns and scientific experiments that would attempt to outstrip and outflank the ambitious Communists in Eastern Europe. And yet, "on April 3, 1948, Congress voted $5.3 billion immediately for the marshall Act and an additional $275 million for Greece and Turkey?In retrospect, the marshal Plan was the best thing toe United States could present done" (Morison 1964 1057). Europe was enthusiastic, politically and economically. It also hastened the export of American=made goods to nations devoid of manufacturing facilities.

What also has to be suggested here is that millions of men, seeing

Domestically, Truman's "Fair Deal", while minuscule of it was adopted, did further the economic prosperity of the U.S.

Even though in that location were predictions of a depression similar to post World War I, this never happened. Employment remained high, but as the cost of living went up, so did wages. "In 1953, eight years after the boney of the war, the country was more prosperous than ever, and its prosperity was sounder and more equitably distributed" (Roohan, J. E. 1959 560).

what other countries had (or lacked) for the first time, were determined to "make it" financially and economically for their own families, communities, and the nation at large.

Roohan, J. E. "United States- A Revolutionary Century" Encyclopedia Ame
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