Monday, November 23, 2020

What about a Marshall Plan for today?

From The Washington Post, an article of interest for Franklin:
The writers are the mayors of Pittsburgh; Youngstown, Ohio; Dayton, Ohio; Columbus, Ohio; Cincinnati; Huntington, W.Va.; Morgantown, W.Va.; and Louisville.

"Every four years, voters in Pennsylvania, Ohio, West Virginia and Kentucky are told how important they are to American industry, but once the election is over, nothing happens. The United States now has a president-elect who comes from our region originally and is more likely to understand what we need to revive it. We, the mayors of eight cities, are banding together to demand real investment in our shared region, which has fueled the U.S. economy for generations yet never gets the attention it deserves.

It’s why we’re asking for an ambitious federal response to save our industries and communities from destruction: a Marshall Plan for Middle America.

In the post-World War II recovery period, the Marshall Plan was a $13 billion ($143 billion today) investment strategy to rebuild Europe and foster economic and democratic institutions. Like postwar Europe, Middle America faces similar issues of decline — a shared crisis of aging infrastructure, obsolescence of business and government institutions, and the need for upskilling and reskilling the workforce."

Continue reading the article online (subscription may be required) 
https://www.washingtonpost.com/opinions/2020/11/22/marshall-plan-middle-america-eight-mayors/

 
Note: how can we get out of the pandemic and fix some of the major ills across the board? A modern version of the Marshall Plan might just be the thing to do so.

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