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Politics : Welcome to Slider's Dugout

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To: Mannie who wrote (14972)2/2/2009 2:02:49 PM
From: JimisJim7 Recommendations  Read Replies (2) of 50340
 
You are both neglecting one important point: after WWII, we were the only nation on earth, practically, that had an intact industrial capacity and a well-trained workforce... by default, we were the only nation that could really manufacture large amounts of consumer goods and durables once the factories switched from making planes, tanks and ammo to making cars, etc. and selling to everyone in the world because their own factories had been mostly bombed to dust.

It is much easier to come out of a depression once the rest of the world's manufacturing capacity has pretty much been destroyed.

Jim
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