Quote:
Originally Posted by Sailor Steve
Mussolini made the trains run on time.  |
Actually, he did improve railroad infrastructure significantly compared to what it had been. For that matter, Hitler's takeover and nationalization of previously private industries in Germany eventually led by 1936 to unemployment rates dropping from nearly 30% to less than 10%. He took power in 1933; in the course of three years that's quite an achievement. Germany's overall economy improved under the government's control as well:
Price controls by the government also prevented inflation from stacking up again. And although wages were lowered by about 1/4, taxes were kept extremely low. Yet even so, the German economy blossomed. And when large trade deficits seemed inevitable, Hitler simply moved from all free marketeering to economic self-sufficiency, as the Italians had done before him. Really, Hitler himself was a management genius, and the people he appointed to deal with economic affairs (men like Hjalmar Schacht, Michal Kalecki, Alois von Weissnthal, etc.) were of equal skill and determination.