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President Harry S. Truman's Government Policy After World War II

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President Harry S. Truman entered office in 1945 as World War II was coming to an end. During WWII, the federal government had much control over the American economy. With the end of the war, Truman was faced with the need “to reorient the nation’s financial system towards consumer production and clarify the government’s future role in the economy.” Would the federal government take on its laisse faire approach which it had maintained for many years before the war, or continue with the ideals of New Deal liberalism, in which the government was responsible for “managing the nation’s economy and to guarding the welfare of needy Americans” (miller)? In September of 1945, Truman brought before congress a twenty-one point message relating to

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