4 ms·
> Post civil war boom was roughly as big as the post WW2 boom with a way lower federal burden and no income tax. Also without Medicare, minimal Social Security
by throw0101a 2y ago
> Post civil war boom was roughly as big as the post WW2 boom with a way lower federal burden and no income tax.
Also without Medicare, minimal Social Security, without an airforce, without a standing army, and desires for a ≥350-ship navy:
* https://www.defensenews.com/naval/2020/02/25/trump-called-for-a-350-ship-fleet-but-his-budget-would-fall-short-of-even-obama-era-goals/ https://www.defensenews.com/naval/2020/02/25/trump-called-fo...
How are you going to pay and run all that without staff? You think it's going to be cheaper to outsource it to consultants? Or is privatization the point/goal perhaps?
Further, the early 20th century was also a period of rapid technological change that allowed for all kinds productivity gains, which is unlikely to be repeated:
* https://en.wikipedia.org/wiki/The_Rise_and_Fall_of_American_Growth https://en.wikipedia.org/wiki/The_Rise_and_Fall_of_American_...
- ty6853 2y ago>Also without Medicare, minimal Social Security, without an airforce, without a standing army, and desires for a ≥350-ship navy That's the point.