Did Eisenhower's actions reflect his philosophy of dynamic conservatism?

To a certain degree, yes.

On the one hand, Eisenhower vetoed public housing measures, pollution regulation, and two major publics works projects. This reflects his attempts to not have the government be an agent of reform, especially if it prevents a balanced budget.

On the other hand, he did support an increase in the minimum wage, more social security, and he got the ball rolling on the massive construction of the federal highway system.

So, by the end of his 8 years in office, the U.S. deficit had actually increased, mostly because of foreign obligations dealing with the Cold War. The U.S. had a $286 billion deficit at the end of the decade.