Chapter 1295 Finale III
The consequences of the market appear narrow, so naturally American companies that are used to making big money suddenly feel tight. The abolition of the National Labor Relations Act allows large American companies to reduce costs by vigorously suppressing the income of American workers.
Large companies are naturally effective at the micro level by reducing wages and cost reduction. Whoever does not do this will definitely collapse first in the increasingly fierce competition! However, at the macro level, the already narrow US market has become even more shrinking.
After all, the working class in the United States is also a consumer! The pockets of the working class are fading day by day, which means that the consumption capacity of American consumers is becoming increasingly sluggish, and the domestic market in the United States is becoming increasingly narrow. The shrinking market has further increased the pressure of American companies to cut costs, and this pressure is naturally passed on to labor (consumers), which has formed a channel for economic spiral decline...
MacArthur, the "hero president" of the United States, had no choice but to face the economic dilemma. He wanted to find out Roosevelt's old way to do infrastructure construction. However, in the 1950s, the United States had already been carrying astronomical government bonds (the total number was as high as hundreds of billions of dollars), and was still under the pressure of capital outflows year by year. He was unable to borrow heavily to do infrastructure construction. Even if MacArthur was not afraid of too much debt, the US Congress would not significantly increase the government's debt ceiling. In the 1950s, the US Congress was very conservative on the issue of debt borrowing, and now no foreign institution would buy US debts for hundreds of billions of dollars. If it was really issued indiscriminately, interest rates would rise sharply.
As for letting the Federal Reserve take action directly, it is not possible, because the Federal Reserve has released funds by purchasing Treasury bonds after 1946 (this is to raise compensation), which has led to a decline in the purchasing power of the US dollar. This time, the depreciation of the US dollar caused heavy losses to the American people, and their trust in the US dollar is no longer as good as before.
If the Fed takes the same measures now, it is likely that the infrastructure funds have not been raised yet, but the US dollar has experienced another big collapse.
Therefore, during more than nine years of MacArthur's administration, the US economy has been struggling in a downward channel. The reason why MacArthur was able to achieve third-year re-election like Roosevelt was because of the rapid rise of fascism in the United States.
The National Socialist Party, established by Truman and Kennedy, has now obtained most of the territory of the Democratic Party, and has also taken advantage of the dissatisfaction caused by economic decline and the increasing poverty of workers' lives, expanding its influence among the working people. After all, the German Nazi Party and the Italian (Roman) national fascist Party seem to be quite capable!
With the great power of the National Socialist Party in the United States, MacArthur, supported by the Republican Party, became the "common-leader" of the anti-fascist factions in the presidential elections. Therefore, supporters of the Workers' Party and Republican Party all gave the votes to MacArthur, which allowed him to be Lindbergh three times in wartime.
However, presidential elections and parliamentary elections and local elections are two different things. The Workers' Party supports MacArthur as president, which does not mean supports the Republican Party to control parliament and local areas. So when MacArthur, the president, becomes a third term, he is a completely lame president.
Pennsylvania Street in front of the White House has become a stage for protesters from all walks of life to take turns to take the stage.
The troublemakers who came here today were the Workers' Party and trade union forces that supported MacArthur in the presidential election because MacArthur failed to fulfill his promise to restore the National Labor Relations Act when he was campaigning.
Of course, Workers' Party leader Wallace had long known that MacArthur could not fulfill his promise, but in order to fight against Lindberg, who made the same promise, Wallace had to let MacArthur write a blank check. In order to protect his basic position, he had to take the lead in causing trouble after MacArthur broke his promise...
In fact, these are all full of routines!
However, this routine can fool the American people, but it cannot change the United States' increasingly sliding towards a collapsed economy. To save the American economy... MacArthur had to fly to Germania, the capital of the United States, to discuss the issue of Atlantic economic integration with Rudolf Hess, the Nazis!
"Let's go!" MacArthur sighed and said to Dulles, "Even if we are traps, we have to jump down with our eyes closed, otherwise the crisis of the Great Depression will come!"
The "trap" MacArthur mentioned is the "Atlantic Tariff and Trade Agreement" proposed by Rudolf Hess. According to this conceived "Agreement", the United States will be accepted as a whole in the Aryan economic circle, thus forming a super Aryan free trade circle that spans the two sides of the Atlantic and accounts for more than 80% of the world's GDP.
This means that the United States will be able to enter an unprecedented large market in a short time!
Such a prospect really makes farmers and some working people in the United States, which have suffered from the continuous economic downturn, jealous of farmers and some working people.
So even though he knew it was a trap, MacArthur boarded Air Force One, which was modified with a B-29d long-range bomber, and flew towards Germania (the capital of the world) on the European continent under the escort of several F-82 twin Mustang fighters.
...
"Ludwig, MacArthur's plane has taken off."
"Well, I still fell into Hess' trap."
"Train? The Atlantic Free Trade Zone has no losses to Americans."
"They will lose their financial independence!"
"Just like my Russian Empire?"
"Haha... it is not Russia that has lost its independence. All states of the United States of Aryan and countries and colonies affiliated with the United States have now lost their independence, including Germany, but America will not have another Russia."
In the Oliga Palace on the coast of the Black Sea, you can directly see the view of the Black Sea on the balcony of the west building owner, Hessman and the Russian Queen Oliga.
Both of them are old, but the deep friendship they have formed from their youth remains.
After retiring from active service, Hessman no longer entered politics, but chose to retire and live a leisurely life. Every summer, he would leave his Chloe Palace in Germania (he was the prince and duke, and his residence could naturally be called the palace), and head to Sochi, where the scenery was pleasant and the climate was cool, and stayed in the Oliga Palace, which the Russian Queen gave to them by their husband and wife, with his wife Chloe.
During this period, Queen Oliga was also a frequent visitor to this luxurious palace named after her.
Her Majesty the Empress has been in charge of the Russian Empire for more than ten years. Although she has always firmly controlled Russian military and political power, she can also feel that her country is gradually integrating into the United States of Aryan... For her, this is nothing, she is also an elderly queen. As long as she can continue to taste the sweetness of power in her lifetime.
As for her death, the Romanov dynasty will be united with the Hohenzollern dynasty, and Russia and Germany should naturally be merged together.
Moreover, in her opinion, the prospects of the Great Aryan United States are not bad for the Russians, as long as the Russians can firmly hold the position of the second largest ethnic group (actually the first ethnic group) under the United States of Aryan.
"The United States... won't join the United States?" Oliga handed a glass of Leo red wine (a Russian local brand) to Hessman, and then stood on the balcony with Hessman looking at the sea. "This seems to be the result of what Mr. Hitler has been working tirelessly to pursue."
During the last 10 years of his life, Hitler had been dreaming of the Great Aryan unification, including America.
But this is just Hitler's personal idea. Several other giants in the United States of Aryan, Russian Queen Oliga, French President Dallang and British Queen Elizabeth II were not interested in this at all.
Even within Hitler's own Nazi Party, few real giants would support the United States to join.
The reason is very simple. Now the seats of Aryans are already arranged. Germany is the largest, followed by the three giants of Russia, France and Britain. Where is the United States going? The basic market of the United States is even larger than that of Russia (half Russia) and Germany.
In addition, although the current Nazi Party is the largest party in the United States of Aryan, it does not have an advantage in the Senate by more than 50%. Because Russia, France, and Britain have their own major parties, and the Nazis have no advantage there.
If the United States joins again, then the Republican Party, the National Socialist Party, and the Workers' Party of the United States will also join the Senate of the United States of Aryan, and the Nazi Party will have even smaller advantages. It is hard to say whether it can continue to rule...
“No one will support the United States joining,” Hessman took the wine, took a sip, and shook his head, “and there is no need… We can just penetrate and control the United States economically, why should we get them to the United States?”
"Economic penetration and control?" Oliga once again involuntarily thought of Russia.
Hessman shrugged: "This is inevitable...and it is a process of mutual penetration, mutual control, and ultimately achieving integration. It is beneficial for everyone. Of course, for our United States, there are more benefits. After all, Americans will become more and more dependent on this big market in the future, so that their upper classes will gradually become part of us."
"But..." The Russian Empress frowned, "But there are still many people in the United States who will realize this? If most Americans realize that their country is being controlled by capital from Europe, they will probably withdraw from the Atlantic tariffs and trade agreements, right?"
Chapter completed!