Saintman2884
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It also helped that our post-WWII economic expansion (largest in human history) was due to the Marshall Plan economic revitalization/recovery plan for rebuilding the entire economic/civil infrastructure of war-damaged Western European countries following the cessation of hostilities in European theatre in May 1945. Interestingly, we offered massive funds, resources to Eastern/Central European nations liberated and occupied by Soviet troops like Poland, Hungary, even East Germany in immediate aftermath years following WWII, but under intense pressure from Soviet military and civilian authorities, they declined.I also don't understand that kind of information. What I think about it is that Russia has tried to shift to a war time economy while not admitting to their people that they are in a war. Without mobilizing the entire population to a war footing.
I think that is the secret to shifting to a war production economy, making partners of the citizens who will think about and then save to invest in their country willingly. When that is done, a war can be good for business, a country at war can have a booming war time economy.
We talk a lot about the US setting red lines to prevent escalation of this war. Russia is doing that as well, they have not mobilized their population to a war footing to avoid escalation to an all out war. But without doing that they are going to go broke as a county.
The Important part of this is to get the citizens to save, and then get them to invest that savings to the war effort.
What can help is for the government to limit folks from spending their money on luxury items, like new cars, fuel for cars, tires, sugar, coffee, ect. That frees up money, as well as manufacturing production capacity, for them to spend it as a nation on a war effort. Gets citizens to spend it on war bonds.
What I've laid out here is similar to what the US did to get on a war footing for WWII. It caused our economy to boom during the war and for years after that war.
But, the post-WWII economic boom lasted for over 3 decades and didnt start showing some cracks until stagflation, wage restraints, rising consumer prices related to the OPEC oil shocks of the 1970's caused it to all come to an end, and in conjunction with the Iranian hostage crisis of 1979-81, Operation Eagle Claw's failure, it factored massively into Jimmy Carter not being elected for a second term.