The effort to establish diplomatic relations with the Red Army was also aimed at revitalizing federal industry.

"Now, things have changed a bit."

Louise sighed, her expression complex.

"Zola Johnson volunteered to the White House today."

She said, "She applied to be in charge of the federal industrial revitalization project and received support from many party bigwigs."

Louise suddenly spoke, leaving Eleanor somewhat confused.

Who is this person?

He pondered for a long time before finally remembering such a person.

Zola Johnson, Brigadier General of the Union Army, former Director of the Coordination Department of the War Industry Committee.

She is highly qualified, experienced, and has a strong network of connections.

He also has unique insights into industry, and many people have given him high praise.

Eleanor had no prior interaction with her, which is why he hadn't thought of her at the moment.

So

The reason why Ms. Louise looks so guilty now is...

Is it because someone else took over the area that was supposed to be their responsibility?

"I've tried my best to help you, but there's nothing I can do."

Louise sighed and said, "Both the White House and the party have a lot of opinions about your involvement in industry."

They think you've been in the spotlight a bit too much lately.

"Banks, broadcasting, veterans, agriculture..."

"If we hand over the industry to you, there will be no need for anyone else in the White House."

Eleanor listened quietly.

He was not surprised by this situation.

On the contrary, it was something that had been anticipated.

Louise continued.

"It was at this time that Zola submitted his industrial revitalization plan, and the slogans on it were very impressive."

She said, "She promised that if she were in charge, the federal industrial problems could be completely resolved within a year."

"This confidence impressed the others, and they all expressed their desire to let Zola give it a try."

"I originally intended for you to lead the industrial program."

"But Zola's resume, connections, and supporters are all there."

"I can't fight them head-on."

"So, Eleanor, I'm afraid I'll have to trouble you this time."

W-what?

This time, Eleanor was truly shocked.

He wasn't upset about his job being taken away, but rather because Zola's slogan was truly astonishing.

Industrial revitalization in one year?

real or fake?

Even Yuan Chonghuan wouldn't dare to boast like that!

"Eleanor, don't be angry."

Louise assumed that Eleanor's expression meant she was upset.

She quickly said, "I'll make it up to you somewhere else."

Eleanor quickly shook her head.

“You’ve misunderstood, Ms. Louise. I don’t feel wronged.”

He said, "I already have a lot of work, so having less is actually a good thing."

"I'm just amazed that industrial revitalization can be achieved in a year. How is that even possible?"

"Ms. Louise, could you give me a moment to look at this plan?"

Louise nodded. "Of course, that's no problem."

Eleanor dared not delay and immediately opened the "Federal Industrial Revitalization Plan" in front of him with the utmost seriousness.

He flipped through the pages quickly.

Gradually, Eleanor's expression became serious.

I see……

Zola's line of thinking is actually not difficult to understand.

After the Great Depression, industry and agriculture fell into the same death spiral.

Declining market consumption, price reductions by businesses, and declining profits; layoffs and salary cuts further reduce consumer spending, and businesses continue to pressure for lower prices…

The Agriculture Ministry's understanding of this issue is that there is an overcapacity in the market.

Only by reducing production capacity can this spiral be stopped.

However, Zola offered a different perspective on this plan.

She believes that all of this is happening because of blind and vicious competition among companies.

As long as everyone adheres to a set of behavioral guidelines.

Regulations include minimum wage, maximum working hours, product prices, production quantities, and competition methods...

This death spiral will immediately vanish and cease to exist.

To this end, Zola proposed the establishment of the Federal Industrial Reconstruction Agency.

The federal government will first establish a general framework of industrial guidelines under its macroeconomic control.

Then, by industry, representatives from enterprises, labor unions, and the government are convened to jointly formulate industry-specific rules of conduct.

In order to encourage companies to join.

Zola even suggested temporarily relaxing some antitrust restrictions.

As long as competition can be reduced.

Corporate profits will recover quickly, and the market will improve accordingly.

The Great Depression will no longer affect industry in the slightest!

When Eleanor finished reading the plan and put down the document, she was filled with questions.

Zola...

Seriously?

"Eleanor, what do you think?"

Louise remained seated opposite.

Seeing that Eleanor remained silent for a long time, she finally couldn't help but ask.

"Um……"

Eleanor did not rush to comment.

Because he was genuinely considering how feasible the plan was.

"Ms. Louise, I have a question."

Eleanor thought for a moment and said, "Ms. Zola said she wanted to set industry standards, which I understand, but then what?"

"How can she guarantee that companies will comply with this guideline?"

Louise had asked Zola this question before.

Zola was very confident at the time and offered what she considered the perfect solution.

“I will design a logo and send it to exemplary companies that comply with the regulations.”

She said, "The government should then launch a large-scale appeal, urging the public to only buy products from exemplary companies, using public pressure to force companies to comply!"

These are all Zola's original words.

Upon hearing Louise's account, Eleanor finally confirmed it.

Isn't this just the Blue Eagles movement from the previous life?

The blue eagle was used as a symbol, and the president made this appeal during his fireside address.

Blue Eagle Enterprises is the truly conscientious and ethical company in the Federal Government.

Please give us your support! As long as we build up Blue Eagle's reputation, we'll have our Great Depression!

But the result?

The once-vigorous Blue Eagle Movement disintegrated in less than six months, leaving only a mess behind.

Those industry regulations are controlled by large companies and have become tools for market monopolization.

Relying solely on public self-discipline without enforcement measures is insufficient.

It will eventually turn out like this.

Human nature is something you can't completely disbelieve, but you can't completely believe in it either.

Eleanor closed the file and offered no further comment.

Because it's meaningless.

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