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by Malician 3624 days ago
It feels like they are hankering for a period of post-WWII prosperity caused by the decimation of the remainder of the developed world & great demand for American manufacturing, by a restricted labor market for women and minorities in higher end jobs and positions, and the need for lots of bodies in relatively high paying positions due to an absence of automation.

None of these things are coming back - I feel like they are yearning for a dream because they don't know why that dream existed.

Scott Sumner on steel jobs: http://www.themoneyillusion.com/?p=31847