>US did not import manifactured goods from China / almost anywhere at the time. The rest of the world manufacturing was a bomb crater after WW2. Agreed, and un

>US did not import manifactured goods from China / almost anywhere at the time. The rest of the world manufacturing was a bomb crater after WW2. Agreed, and unless you propose returning the rest of the world to a bomb crater then you cannot reinduce the 1950s by simply... regulating real estate prices or whatever. You cannot go back to a world where unskilled blue collar laborers earn massive wage premiums in the US vs. India/China like they did in the 1950s, and imagining that you can have "1950s prosperity" or whatever without this (thankfully fleeting) premium is pure delusion.