4 ms·
> postwar great society that JFK and LBJ were championing IMO most of the wealth generation at that time actually came from being (1) the only country manufact
by lettergram 3y ago
> postwar great society that JFK and LBJ were championing
IMO most of the wealth generation at that time actually came from being (1) the only country manufacturing at scale post-war that was untouched by war and (2) cheap energy (which has the highest correlation with improving the life of the poor).
- metabagel 3y agoDon't forget the GI Bill, high marginal tax rates, and those good paying union jobs with benefits and pensions.
- EVa5I7bHFq9mnYK 3y agoWhich were afforded by 1 and 2 above.