Does anyone know what the Marshall Plan was for…..what did it do?
The Marshall Plan, also known as the European Recovery Program, channeled over $13 billion to finance the economic recovery of Europe between 1948 and 1951. The Marshall Plan successfully sparked economic recovery, meeting its objective of ‘restoring the confidence of the European people in the economic future of their own countries and of Europe as a whole.’ The plan is named for Secretary of State George C. Marshall, who announced it in a commencement speech at Harvard University on June 5, 1947.
Revisionist historians have challenged the assertion that the plan represented American altruism. They have argued that the export of dollars to Europe kept the United States from backsliding into depression by providing a market for U.S. capital goods. The Marshall Plan, according to revisionists, allowed the United States to remake the European economy in the image of the American economy.
The plan was America’s gift to the European countries…….best described as Cha-ching!
Iraq told the international community on Thursday it was “owed” a Marshall Plan after defeating the Islamic State group and a jihadist army of soldiers from more than 100 different countries.
“We are calling for a Marshall Plan to help us with the reconstruction,” Foreign Minister Ibrahim al-Jaafari said at a conference in Rome. “The world owes us that”.
The multi-billion dollar Marshall Plan launched by the United States after World War II is widely credited for helping Europe achieve its current prosperity and stability.
I agree….the world destroyed Iraq then the world needs to pay for the reconstruction.