In response to:

This Great America

What so few people take into account, when analyzing the period through WWII and forward through the sixties, is that the US was the only industrialized nation on earth whose industrial capacity was not severely compromised by the war, if anything, it was increased. After the war was over, the US became the world's supplier of industrial goods and machinery. Put simply, we were in a position to profit by being a monopoly. In the fifties, the lion's share of all goods in the world came from the US, not just because they were better (they weren't necessarily so), because they were the only game in town. As Japan rebuilt their industry they grew to dominate first in cheap junk, then small electronics, then in ever larger items, then cars.
Jay Wye Wrote: Oct 19, 2012 10:28 AM
another good example;South Korea.
Seawolf Wrote: Oct 19, 2012 8:12 AM
Don't forget that we provided all of Japan's defense and most of Germany's for decades after the war, they had almost no expenditures on defense which allowed them to rebuild the infrastructure that was destroyed by the war..the one THEY started.
Pistol Wrote: Oct 19, 2012 7:09 AM
Thanks, Mike. Saved me a lot of typing. Its a good to have some one to join me in dealing with the unique post WWII economy. It is used to support unions, high taxes, all kinds of aberations that are still here, but now a drag, not a support of a completely different economy. Pittsburgh has made a fairly decent adjustment to losing big steel. Detroit lost autos and is a disaster.
Michael Bowler (formerly Michael) Wrote: Oct 19, 2012 4:23 AM
Japan is only one example.
Remember the Japanese had the industrial might on their tiny country to challenge the US in WWII, we decimated that capacity. We decimated the capacity of the Germans and the Italians. The Germans decimated Russia, the UK, France etc.
It just ain't hard to turn a profit when you have the only un-destroyed industrial base in the world.

The choice that we face today is between freedoms on the one hand, and ruin on the other.

There has never been a generation in our history that has been given more than the generation which was born between 1945 and 1960.

They were given so much by their hard and hardy parents, who by fighting through a real economic depression and a great world war, helped bolster freedom for the free and bequeathed freedom to millions of others who lived in the twilight of tyranny.    

I call these sons and daughters of what we know as the Greatest...

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