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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession" (lemmy.blahaj.zone)

submitted 1 day ago by [email protected] to c/[email protected]

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Source: https://bsky.app/profile/jrothst.bsky.social/post/3liin7up3ck2z

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[–] [email protected] 1 points 1 day ago (1 children)

Yeah, I'm not going to bother with a source from a capitalist... Sorry. I'll just go with the facts: The US was pretty much the only ones who could rebuild Europe... Eveyrone else had their entire industries flattened.

It wasn't about cutting taxes. It was about "Unleashing the market"... Those are oligarch talking points, to try and convince us to let them be Robber Barons again.

[–] [email protected] -1 points 1 day ago

The US was pretty much the only ones who could rebuild Europe…

Europe could also rebuild Europe, it would just take a lot longer. The US spent a ton of money rebuilding both Europe and Japan, and being able to do that while also transitioning back to a peacetime economy really is something IMO. Not to mention getting embroiled in the Korean war just a few short years later, while still rebuilding after the war.

I don't really like Truman, but I think he did a decent job after the war.