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|Subject: Re: More Shutdown Fallout||Date: 10/20/2013 8:55 PM|
|Author: Howie52||Number: 18691 of 19765|
"There was a reduction of poverty in the 50's and 60's. "
The reduction at that time can be assigned to the Marshall Plan and
rebuild from WW II - The world-wide impact from the Cold War never
seemed to touch the people - with a for-instance Egypt - who had a
build-up of the military - with little else to be seen other than
the power elite. The far-east saw massive poverty among the masses.
There were spots of improvements ----- mainly near military bases
involved in the "less cold" portions of the Cold War.
How much of a reduction in poverty was seen in sub-Saharan Africa
based on the influx of funds from the Soviets or the Western
There was development inside the US - and I agree a fairly good
portion was the result of the military-industrial complex
growth. Certainly we had government funds (read our taxes)
supporting this sector and much of what we see as recent
drivers of economic growth today - highway infrastructure, communication satellites, GPS mapping, laser technology, and a
large part of the healthcare biological and specialty chemical
markets came from that original seed-money source (some may well
argue this list - others will add a bunch more).