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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert S. who wrote (94293)2/16/2009 3:22:50 PM
From: bruiser982 Recommendations  Read Replies (1) | Respond to of 116555
 
I had to check to verify that government spending did dip after WWII. It did but not for many years. The reason prosperity continued after the war was that the most of the industrialized countries had suffered huge losses to their manufacturing capability. USA didn't have competition in a lot of areas. When the Germans started exporting VW's and the Japanese Toyotas, the jig was up. But by then government spending had reasserted itself bigtime.

usgovernmentspending.com