During LBJ’s war on poverty in the 1960’s, what was the economic conditions in the U.S. and what accounted for the conditions? Did anything change in any of the following:
- Gross Domestic Product (GDP) growth (or not)
- Inflation / Recession
- International trade
- Currency valuation
- Fiscal policy by the government
- Monetary policy from the Federal Reserve
Please cite sources if any, thank you.