And what happened 50 years ago? The end of WWII, when the troops came home... it's not unreasonable to assume that would flood the market
with people looking for work.
Somehow your math is wrong. 50 Years ago would be 1963 a full 18 years after WW11. Or were you trying to make a point that I missed.
Sorry to contradict you, but your frame of reference has slipped.
2013 minus 50 = 1963.
So we need to think about what happened in 1963...
That was almost seventy years ago.
There might have been an event seventy years ago aside from passing the big tax cut...or he might be referring to when this type of data was first collected. You know...like the hottest global temperature ever (since we first were able to kind of get a global temp reading in 1979).