
A stratospheric change in the trajectory of the US within 13 years!
In early 1932, when Franklin D. Roosevelt first entered the White House as president of the United States, the picture of the country was disastrous. Over 25% of Americans looking for work could not find a job.
Dozens of banks and thousands of factories had failed. Thousands of farms had lost their produce. On the international stage, the United States had been reduced to a shambles, after the glory of the decisive role it had played in World War I and the Paris Peace Conference.
After 13 years, when Franklin D. Roosevelt died in the White House, the United States had become a global superpower. There were jobs in the domestic market that were barely being filled by overworked Americans. Factories were operating at full capacity 24 hours a day. Banks were booming, lending new loans to new businesses. In foreign policy, the United States was making the law by creating new postwar international structures, such as the UN, the IMF, and the World Bank.
A stratospheric change in the trajectory of the US within 13 years!
In early 1981, when Ronald Reagan first entered the White House as US president, the picture of the country was depressing. Stagflation (a combination of economic stagnation and high inflation) had gripped the American economy by the throat. The US military's tail-wagging departure from Saigon (after 60,000 soldiers were killed in Vietnam) had created the psychosis of a declining superpower. On the other hand, the Soviet Union's invasion of Afghanistan, the advance of communist forces in Angola and Nicaragua, and the Islamic revolution in Iran were signaling that other forces were dominating the world.
Eight years later, when Ronald Reagan left the White House, there were jobs in the domestic market that were barely being filled by overworked Americans. Factories were running at full capacity 24 hours a day. Banks were booming, lending new loans to new businesses. In foreign policy, the US was making the law by bringing the Soviet Union to its knees and isolating anti-American islands like Cuba, Nicaragua, Iran, etc.
Practically, he left the White House, leaving the US the only superpower in the world!
Donald Trump aimed for such a change of trajectory in his first term, but left the White House with his tail in the saddle. Let's see if he will achieve his goal in his second term...
Lini një Përgjigje