I dunno, Eisenhower had it right. Massive top bracket rates on the wealthy to pay off war debts, and huge investments in infrastructure to keep running the industrial capacity we gained during the war. Yet he was ever vigilant not to build up a military-industrial complex, and was a very outspoken critic of the more hardline warhawks like MacArthur.
Seriously, the guy inherited a massive reconstruction effort and managed to create not only an amazingly prosperous economy but kept most of the world from collapsing. He brought Japan back on its feet, rebuilt West Germany and Italy, and he arguably kept the world from EVER reaching another World War again with his commitment to international dialog. I mean, the 50s were a horribly scary time. The Soviets had the bomb and were under the reigns of an absolutely brutal dictator, and Communist revolts were occuring all around the world with dictators getting their conquering on while everyone else was licking their wounds from WW2.
If it were anyone else we would have likely escalated Korea to a fullout war with the USSR and we'd all be dead from radiation.