Immediately after the war, American economics took a hard hit. Government War Contracts were cancelled, unemployment rates soared, inflation was reinstated, wages were lowered, and prices skyrocketed. Additionally, unions in steel, coal, and railroads went on strike. President Truman threatened to draft the workers back into the military and force them to complete their jobs as soldiers. The unions gave in and the strike was over. After some readjustment, the economy turned for the better. After suffering through the war without many good and services, Americans spent money like crazy after the war ended. The demand for goods and services outstripped the supply and increased production leading to new jobs. The Cold War also contributed by spending money on defense and creating jobs. Foreign-aid programs like the Marshall Plan, provided another boost by helping other nations recover from the war, the US. helped itself create strong foreign markets for exports.