Eisenhower Versus the Spenders: The Eisenhower Administration, the Democrats and the Budget, 1953-60

Dwight D. Eisenhower was the last American president to balance the budget. He aimed to reduce federal expenditure after twenty years of almost perpetual deficit spending by his democratic predecessors. This study has three main aims. First, it analyzes Eisenhower's fiscal goals, his success in achieving them and their impact on the American economy. Secondly, it deals with the response of liberals within the democratic party to Eisenhower economics. Finally, it examines how their differing stances on economic and fiscal issues affected the electoral performance of the republican and democratic parties in the 1950s.