It is VJ day, what can the United States do to keep from falling into the historical recession?
In the late 40s there was a major slow down of the economy before the 1950s boom in the transition back to a peace time economy.
Let me share with you the GDP of the US in the late 40s (in 1990 USD)
1945: $1,644,761,000,000
1946: $1,305,357,000,000
1947: $1,285,697,000,000
1948: $1,334,331,000,000
1949: $1,339,505,000,000
1950: $1,455,916,000,000
The question being is there anyway the United States could have more efficiently transitioned back to a peace time economy.