Miss President wants to talk to you

"If industrial products can't be sold, companies have no choice but to keep lowering prices in order to survive."

"The lower the price, the lower the profit."

"When profits decrease, the only option left is to lay off employees and reduce salaries."

"Workers who lose their income will be even less able to afford goods."

"In short, the federal industrial production index has now fallen from 110 in 1929 to 57, a full fifty percentage points."

"If we don't do something soon, the Federal Industry is really going to be finished."

Louise explained the current industrial stalemate in a simple and concise manner.

In short, there is no market for it.

The federal government has sufficient industrial capacity, but the industrial products it produces cannot be sold at all.

We must find a way to break this deadlock.

Eleanor stroked his chin, thought for a moment, and said, "Then how about starting a war?"

By starting the war machine, industrial products will have a place to be consumed.

However, before Louise could reply, Rosef's voice came through her ear.

"no!"

Eleanor turned her head and saw the white hamster puffing out its cheeks, looking at her with a bit of anger.

"No war!"

Rosef whined, "War is terrible, I don't want to fight!"

On the other hand, Louise also expressed her opposition.

"You think I haven't thought about war?"

Louise shook her head. "But it won't work. Isolationist ideas have penetrated all levels of the Federation, and no one wants to fight."

"A war launched without the capacity to mobilize is doomed to defeat."

"Moreover, the combat effectiveness of the federal army is far from optimistic."

Louise was telling the truth.

The Norton Federation's current national strength is certainly not weak.

It could even be said that even with the debuff of the Great Depression, the Federation remains the world's leading industrial nation.

However, the mobilization capacity was simply too low.

People generally do not want to fight.

Regardless of the era, mobilization capacity is a key factor influencing war.

Two countries of equal strength, the one that can mobilize 50% of its resources can easily defeat the one that can only mobilize 10%.

In addition, the combat effectiveness of the federal army is also a major problem.

The Federal Army currently has only 120,000 troops and its combat record abroad is extremely poor.

It's okay to bully small countries.

When facing a major world power, it's basically a losing proposition.

When they went to war with the United Kingdom, they launched an offensive against the Maple Leaf Dominion, but were pushed back all the way, and even the White House was burned down.

To turn an offensive into a defense of the capital is as shameful as the Third Brother in my past life.

This humiliating memory is like a steel stamp, deeply engraved in the minds of every federal citizen.

Therefore, war is absolutely not an option.

We can't fight them, and we can't win.

Unless there is a brilliant pretext for war that can mobilize the entire population, don't even think about it.

Elino was not discouraged by this answer.

He was just saying it to test the waters with Rosef and Louise.

"Alright, alright, no war!"

Elinor smiled wryly and assured Rosef, "I won't mention war again!"

That's more or less.

Rosef snorted and turned her head away, but she still looked a little unhappy.

She didn't like hearing Eleanor talk about such terrible topics.

Ugh!

Eleanor thought to herself, "Looks like I'll have to find a chance to coax Rosef later."

Now let's get back to the main topic.

Ultimately, there is only one key to solving industrial problems.

The market, the market, it's still the damn market!

Either find a market or create one.

Neither of them is easy.

In Eleanor's previous life, even Roosevelt himself never truly solved the industrial problem.

He merely stabilized the trend of collapse and then dragged it out until Pearl Harbor.

Eleanor had no choice but to proceed cautiously, feeling her way forward.

"So, Eleanor, any new ideas?"

Seeing that Eleanor remained silent, Louise asked, "Say it, whether it's good or bad."

There are two approaches.

Eleanor said, "The first thing is to vigorously build public works."

"By constructing public works projects, we can generate orders and stimulate the industrial market."

"Hasn't the federal government been providing relief to the people? The federal government is paying for this, but the people are not satisfied."

"Because most people don't want to rely on relief, it's like becoming a beggar and losing their dignity and respect forever."

"We can take this money and invest it in public works projects."

"Using work relief as a substitute for work can resolve the dilemma."

Louise nodded; it was indeed a good strategy.

It's quite remarkable that Eleanor was able to come up with this in such a short time.

Is there anything else?

Louise asked, "While the method of building public works is feasible, its effects are limited and slow to materialize."

"Because the federal government cannot afford to carry out so many projects simultaneously across the country, it can only proceed step by step."

"What we need now is a solution that can immediately give the industrial market hope and restore confidence."

In short, it's just empty promises.

Louise wants Eleanor to draw a cake that everyone will think tastes delicious.

This would at least alleviate the collapse of the industrial market and buy time for public works to be fully rolled out.

however

"Is it enough to just see hope?"

Eleanor shook his head and said, "Industry is not finance. Finance can create bubbles by telling stories, but industry cannot."

"I think it's better to provide a real market."

"I've done the math, and if we could have a market of over 100 million people, the Federation's current industrial predicament would be greatly alleviated!"

Louise: "..."

Is not this nonsensical?

If I had a market of hundreds of millions of people, would I need to be in such a mess?

The problem is, there isn't one!

Louise was about to point this out when she noticed that Eleanor looked remarkably confident.

etc.

She considered a possibility and asked incredulously:

"Eleanor, the market you're talking about, it can't be..."

"That's it! That's the one."

Eleanor said, "It's always been there, we just have to walk over there."

Rosef, who had been eavesdropping the whole time, was suddenly stunned.

She looked left and right.

I have absolutely no idea what these two people are talking about.

Louise, on the other hand, was completely certain that Eleanor was not joking.

He's serious!

This is really...

That's bold!

Yes.

Only someone as bold and decisive as Eleanor would dare to propose such a strategy!

“Tell me what you plan to do,” Louise said softly.