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Are we making America great again? Let’s not forget what greatness looks like.
In 1945, at the end of World War II, much of Europe was devastated. Major cities and industrial facilities had been bombed into rubble. Small towns and villages were isolated by the destruction of railroads and bridges. Millions of refugees were living in camps. Food shortages and unemployment set off strikes and civil disturbances in several countries.
European recovery dragged on slowly. In a speech at Harvard on June 5, 1947, Secretary of State George Marshall urged the United States to do all it could to “assist in the return of normal economic health to the world … [and combat] hunger, poverty, desperation and chaos.”
By the next March, Congress passed the Economic Cooperation Act, better known as the Marshall Plan. Between 1948 and 1951, the Marshall Plan sponsored hundreds of large-scale tours by European business leaders and experts to learn modern American farming and manufacturing techniques, fostered the integration of European trade that we see today, and pumped the present-day equivalent of $150 billion into the Western Europe economies.
Agriculture was slower to fully rebound, but for manufacturing the Marshall Plan actually exceeded its goal. By the plan’s completion, industrial output for the recipient countries was 35% higher than before the war. While U.S. aid was not the sole cause of this remarkable recovery, it played a key role as a stimulus, a stabilizer and a reason for hope.
That is how a great nation acts in the world.