Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by SpicyLemonZest on Wednesday April 30, 2025 @10:54AM
(#43846139)
I dunno. This reads to me like an attempt to retroactively justify the effects of US policies that were aimed at a different purpose. I don't think I've ever seen an American politician say that they'd prefer for industry X or Y to be located in a different country.
[ Parent
| on HN ]
Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by vel0city on Wednesday April 30, 2025 @11:19AM
(#43846505)
Just going to ignore the Marshall Plan and Reverse Course policies then I guess?
https://en.wikipedia.org/wiki/Marshall_Plan
https://en.wikipedia.org/wiki/Reverse_Course
This isn't some retroactive attempt to justify something. This was the actual policy at the time.
Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by SpicyLemonZest on Wednesday April 30, 2025 @11:44AM
(#43846833)
I don't think either of these policies intended or caused other countries to "take over industries we did not want in our own backyards". In the 50s and 60s the US still ran consistent trade surpluses.