> The roaring economy of the 50s... That's a huge oversimplification. It helped that Europe and Asia were devastated by the war, and our gearing up industry fo

> The roaring economy of the 50s... That's a huge oversimplification. It helped that Europe and Asia were devastated by the war, and our gearing up industry for war led to huge dividends for us because we still had factories and raw materials which remained intact. And evidence on the new deal is equivocal [0]. It didn't seem to have much impact until the war. https://www.wsj.com/articles/SB123353276749137485 https://www.wsj.com/articles/SB123353276749137485