Download Abundance and Anxiety: America, 1945-1960 by Gary A. Donaldson PDF

By Gary A. Donaldson

The usa had large possibilities after global conflict II. The nation's business could, geared to defeat Germany and Japan, may well now be fascinated about household creation. genuine wages have been up, the GNP was once at the upward push, business construction used to be up, and inflation used to be below regulate. the long run seemed brilliant for the typical American. yet this abundance used to be punctuated with anxiousness. inside of 4 years of the top of the conflict, the Soviet Union had turn into the hot enemy: that they had the bomb and China and japanese Europe had fallen into the Soviet sphere of impression. those issues, the abundance of the growing to be financial system and the anxiousness of the chilly conflict, outlined the interval from 1945-1960.

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Extra info for Abundance and Anxiety: America, 1945-1960

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S. wartime ally, the Grand Alliance was dead, and Communists, both at home and abroad, had become suspect. Wallace’s calls for rapprochement with the Soviets, and his continued defense of Soviet aggressions in Europe, sounded a lot like Communist sympathy to many Americans. Wallace was also a spoiler, and Democrats of all shades had come to realize by the summer of 1948 that a vote for Wallace was in fact a vote for the Republican candidate—to split the Democratic ticket was to hand the election to Dewey.

For Russia it is not only a question of honor but of security. . 2 Short of declaring war against their own ally, an ally that was fully mechanized by then and entirely capable of fielding an army twice the size of the combined armies of the United States and Great Britain, Roosevelt agreed to a compromise. There would be a ‘‘reorganized’’ Polish government made up of Lublin Poles (placed in power by the Soviets) and the London Poles (pro-Western Poles in exile). This provisional government, Roosevelt believed, would be in power in Warsaw only until elections could be held—elections, Stalin said, that might be arranged within a month.

In May 1946, the United States recognized the new Warsaw government—now a puppet of Moscow. Truman and Stalin finally met at the Potsdam Conference outside Berlin in July 1945. There Truman and his new secretary of state, James Byrnes, hoped to clear up the nagging foreign affairs problems as quickly as possible, so the United States could terminate its military and economic responsibilities in Europe. The Soviets by then (despite no agreement at Yalta on reparations) had stripped the areas they controlled in eastern Europe of almost everything that could be transported to the Soviet Union: heavy 30 Abundance and Anxiety machinery, entire factories, art treasures, railroad rolling stock, even farm machinery, cattle, and home furnishings.

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