Once the Dust Had Settled

The period immediately following World War I was anything but rosy. The machines were taking over. France, in her own salacious way, alleviated some of her economic problems by bleeding Germany (World War One reparations, etc.), but Germany and England were hit very hard indeed. Unemployment rates skyrocketed everywhere. As oftentimes is the case, governments around the globe proposed tough measures and took none. The debates went on until the famous market crash put and end to them. 사설토토

Some politicians and businessmen spent the following couple of years trying to pick up the pieces of an era long gone by, the one Henry Ford had sent packing, to no avail. There was no way for the average consumer to obtain an income other than by hiring himself out to someone who could use a pair of hands and, in some special cases, a brain. It was an impasse. Only a portion of the workforce could be employed, but the entire country had to have an income to be able to purchase the results of employment.

Franklin Delano Roosevelt, Teddy’s distant relative and, some years later, Stalin’s good friend and drinking buddy, was the one who decided the situation was, well, unacceptable. A man of wit and considerable political courage, he deviated from his immediate predecessors’ laissez-faire approach by actively seeking, and eventually finding, a sensible solution.

Redistribution of wealth was out of the question. It generally is. Folks will not part voluntarily with anything that might conceivablybenefit others.

Roosevelt looked at the tax revenue and decided to make good use of that. He could not simply give the money away: governments, if they wish to be taken seriously, must never indulge in direct charity. Instead, he explained that the country was in dire need of railroads, highways, bridges and such (which was true), and that his administration was quite eager to compensate those willing to construct same.

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