Posted on 12/29/2016 3:51:54 PM PST by Timpanagos1
It is axiomatic that if someone is sufficiently eager to disbelieve something, there is no Everest of evidence too large to be ignored. This explains todays revival of protectionism, which is a plan to make America great again by making it 1953 again.
This was when manufacturings postwar share of the labor force peaked at about 30 percent. The decline that began then was not caused by manufactured imports from todays designated villain, China, which was a peasant society. Rather, the war-devastated economies of competitor nations were reviving. And, domestically, the age of highly technological manufacturing was dawning.
(Excerpt) Read more at washingtonpost.com ...
I Pray!
Is he still alive?
In 1953 the average American worker could support an entire family with one paycheck, buy a house using less than 25% of his take home pay on the mortgage payment, watch their kids grow up and get their own house when they are 22 years old,...... take me back please!
Zzzzzzz..
http://www.dailymotion.com/video/xi2oyv_being-becoming-george-f-will-s-sports-machine_shortfilms
George Will’s Sports Machine from SNL way back when.
“Throw the ball, George!”
Will is still out there.
Lots of writing about open markets.
Ugh! I was hoping he was gone for good.
We need to listen to him, he did such a fine job predicting the outcome of the election.
That's what I remember.
Renters were considered shady since everyone could own.
Maybe not in NYC, but pretty much everywhere else.
And that had nothing to do with Europe being in ruins. It had to do with sound money policies and value always triumphing over speculative cost.
Trump can start fast enough with the tariffs.
If George Will(voted for Obama) is against it then I am for it.
Blah, blah. Meanwhile Trump has arranged deals to bring or keep north of 60,000 jobs here. Some people talk about why things can’t be done, some people do them.
Not tired of winning yet,
1953 was a great year!
I sometimes tell people I’m “stuck back in the Fifties” in terms of how I look at things.
To which my wife once added, “yeah, he means the 1850s!”
I would say 1953 was the USA’s apex.
Hey George, neocons like you were resoundingly put in your place in the last election. Call Jeb and ask him if you don’t believe that. So it’s time for you and your ilk to STFU and stay out of the way while we MAGA!
Economics, yes, racial stuff in 1953, no...we don’t want 1953 and no black person would either. Will is setting a trap and I won’t go for it...I’d prefer Freep ban on George Will...he’s a weenie and Mr Rogers was more manly.
That's true. But in the other side of that, if you bought a house in 1953 for $15,000 it was worth maybe $22,000 in 1973.
If you bought a house in 1986 for $100,000 today it is likely worth more than $500,000.
Obviously the buy in to home ownership is much higher now, but the gain is much better.
Consequently, if the real estate market crashes, half of us will be living in refrigerator boxes.
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