Full employment 1946

When World War II ended, many Americans feared unemployment rates would return to Great Depression levels. Liberals in Congress proposed bills that would create a right to “full employment” through compensatory government spending and would smooth out boom and bust business cycles. Conservative opponents objected, arguing that allowing the business cycle to move freely was the most efficient way to promote employment, that such a “right” was hostile to the free enterprise system and would make Americans too dependent on the Federal Government.