the employment act of 1946 was enacted by the government to keep the economy from plunging back into a post-war depression. the act declared the continuing policy and responsibility of the federal government to use all reasonable means to promote maximum (not full) employment, production, and purchasing power. in addition to focusing on keeping unemployment rates low, the act called for the creation of the council of economic advisors. this council had the task of assisting the president in appointing members to the joint economic committee in the united states congress and continuing to develop the role of fiscal policy in the united states.