Explain and assess President Truman's policies designed to deal with domestic economic problems from 1945 to 1948.

President Truman's policies designed to deal with domestic economic problems from 1945 to 1948 were primarily focused on stabilizing the economy after the end of World War II and addressing the challenges of post-war reconstruction.

One of Truman's key economic policies was the Employment Act of 1946, which aimed to promote maximum employment, production, and purchasing power. This legislation established the Council of Economic Advisers and emphasized the government's responsibility for maintaining a stable economy. Additionally, Truman implemented the Fair Deal, a comprehensive set of domestic reforms that included proposals for national health insurance, increased minimum wage, and expanded social security benefits.

Truman also took steps to address inflation and price controls by implementing the Office of Economic Stabilization, which aimed to stabilize prices and prevent inflation. Furthermore, he supported the Marshall Plan, which provided economic aid to help rebuild war-torn Europe, thereby creating new markets for American goods and stimulating the U.S. economy.

Overall, Truman's policies were designed to address the economic challenges of the post-war period and promote economic stability and growth. While some of his initiatives faced opposition and challenges, his efforts laid the groundwork for the economic prosperity of the 1950s. However, some critics argue that his policies did not go far enough in addressing issues such as racial inequality and poverty, and that they favored big business over the working class. Nonetheless, Truman's economic policies were a significant part of his presidency and had a lasting impact on the U.S. economy.