As some of you know, rfk jr is in the news in the past few days after comparing the expenditures we made in the Marshall plan to the foreign aid which has been given to the Palestinians in the last 14 years, and to those in Gaza, if they are considered separately.
The net says that we gave about $13 billion in the dollars of those days and that that is equivalent to $150 billion in today’s dollars. We actually did more than rebuild Germany. The marshall plan put money into all of Western Europe and the Allied countries were favored and axis countries were disfavored. Nevertheless, by the ending of the plan, the economy of every state receiving help was producing more than in 1938, the year before the beginning of the war in Europe.
About how many people lived in Western Europe at this time and what was the expenditure per capita? That is part of the arg that RFK is making.
Oh, also, we offered to help the ussr and eastern europe also but the soviets did not want the help and prevented it in eastern europe. The soviets came up with their own similar plan, which mostly failed.