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War and unemployment through U.S. history and politics
The article argues that war has repeatedly reduced unemployment, citing FDR, Truman, and Korea as examples, and claims Johnson’s 3.7 percent rate is largely due to Southeast Asian conflict. It challenges Goldstein's view that the draft and war production had little impact, noting a pattern where war boosted production and jobs.
MENTIONED IN THIS ARTICLE
Harold Goldstein
Bureau of Labor Statistics
Johnson
Goldstein
FDR
Harry S Truman
Franklin D. Roosevelt
United States
Korea
Kennedy
Jfk
Southeast Asia
LBJ
HST