Inside the Mind of a Monmouth University Student: American Economy Edition Blog #9

The Cold War Economy

“Buying into Downtown Revival”

The city of Boston was tried to develop an infrastructure to lead tourists into options of shopping with department stores and restaurants. During the time, the total number of department stores were decreasing sharply. After World War II helped recover the economy, from the Great Depression, the government focused on infrastructure and helping retailer expand to encourage spending to expand the economy.

Ed Logue and Mayor Richard Lee had plans for a “model” city of New Haven. Their plan was to design two major highways to bring traffic into areas of commerce. The main targets were the middle-class residents of the city. In order to support the funds for these projects, they were focus to encourage the workers of these retail stores to buy from the local bars and restaurants. They provided no dining hall or cafeteria in order to do so. They also had a local city tax to support the infrastructure project as well.

“The Changing Continuity of the South”

David Goldfield, author of this story, was from North Carolina who claimed to have the best institution for higher education. He is baffled that the city of Charlotte is among the nation’s leading in infant mortality, adult illiteracy, violent crime, and the lowest industrial wages.

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