Thadius
Posts: 5091
Joined: 10/11/2005 Status: offline
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quote:
ORIGINAL: slvemike4u Really no point arguing this one Hippie,this is the same sort of thinking that rejects evolution,it is driven by forces other than intelect Thadius did the original Marshall plan detract or contrbute to the boon that was the 50's? When did it become our job to spend an extra 20 billion a year to rebuild parts of Europe? I wonder how far those tax dollars would go towards, something like I don't know.... building a refinery or 4, or here's an original one financing the Army Corp of Engineers to do set up a federal oil exploration and retrieval program (perhaps going after the oil shale out west). But to answer your question more specificly, the original Marshall plan was a boon for the US, because we were virtually the only ones that still had the ability to mass manufacture things, not so much damage to the infrastructure from bombing and stuff. So yes the US economy was effected in a positive way. Then again let's look at what Marshall warned in his proposal... quote:
It would be neither fitting nor efficacious for this government to undertake to draw up unilaterally a program designed to place Europe on its feet economically. This is the business of the Europeans. The initiative, I think, must come from Europe. The role of this country should consist of friendly aid in the drafting of a European program and of later support of such a program so far as it may be practical for us to do so. The program should be a joint one, agreed to by a number, if not all, European nations. and.. quote:
The manufacturer and the farmer throughout wide areas must be able and willing to exchange their products for currencies, the continuing value of which is not open to question. A few things come to mind. Is Europe's economy in such a bad state that the US needs to help stabilize it? How is the proposed plan by Obama going to provide a boon here at home? Especially with his various tax proposals? Raising the capital gains tax, rolling back the "tax breaks for the rich", win fall taxes on oil companies... For the record, big businesses do not pay "winfall taxes" the consumers do. Putting in regulations that lower profit margins, only leads to companies doing what they can to increase those margins, like raising prices or cutting costs (lay offs). Just something I was thinking about, Thadius
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