harry truman. for all his supposed shortcomings, the new president had common-sense ideas on unemployment. leonserling, original member, council of economic advisers, recalls. truman was asked "when is unemployment too high?" he said it depends on whether or not you're unemployed. this wasn't a wisecrack. this showed that he had a fundamental understanding of the game. he realized that you had to talk about people and what was happening to them and where the hardships were. as a senator harry truman had worked hard to push a full employment bill. as president, he signed the employment act of 1946 a law that changed greatly during congressional debate. it no longer referred to full employment instructing the government instead to promote maximum employment, production and purchasing power. what was lost from the original idea? [gross] what was really lost was the right, the right to a job the right to work, the right to an opportunity for paid employment at good wages. and what was gained? [keyserling] the government had what might be called policies and programs, but it never had a policy or pr