Posts Tagged ‘Dwight Eisenhower’

How to Control Entitlements: A Challenge Ike Did Not Face

Yesterday, I described President Eisenhower’s remarkable success in turning  a large deficit in fiscal 1959 into a balanced budget in 1960.  It was one of the biggest fiscal consolidations since World War II.  Although it was a very different time, there are lessons relevant to today’s fiscal challenges.  One is that a president need not […]

How Eisenhower and Congressional Democrats Balanced a Budget

The election results did not change the political status quo, and the status quo has not been conducive to solving the nation’s festering fiscal problems.  In his victory speech President Obama pledged to seek bipartisan cooperation in solving problems, though  it is not going so well so far.  But we better hope that in the […]