Wilson Administrations - The Wilson Administration Legacy
The Wilson Administration Legacy
Wilson's presidency ended in drift and disarray. Although Wilson had recovered to some extent from his stroke by the spring of 1920, he was still far from capable of the strong leadership and policy making he had once exhibited. Given that Wilson had spent much of the year before his illness in Europe or battling for the Treaty of Versailles in the United States, he was out of touch with the concerns of many Americans.
There was no real plan for demobilizing the U.S. economy after the war. The armistice meant the cancellation of orders for war material from the Allies, and as a consequence farm prices collapsed. Millions of returning veterans could not find jobs and unemployment rose. Inflation soared (postwar prices were 77 percent above their prewar levels), and with it came strikes throughout the economy, as workers demanded higher wages to keep up with higher prices.
Not only was the...
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