Impact Of President Eisenhower's Fiscal Policies

The fiscal impact of President Eisenhower’s fiscal policies was generally positive. Eisenhower’s presidency was one of a select few that did not cause any real negative impact on the country’s economy. Because of Eisenhower’s belief in a balanced budget and not providing tax cuts, he was able to balance the budget three out of his eight years as president. The country did experience a couple of short mild recessions during his terms, where the country’s growth slowed. President Eisenhower’s fiscal policies allowed the majority of American’s to see their personal income increase by forty-five percent, while one out of five still lived in poverty by the end of the decade. Because of the increase in consumer purchasing power, many American families