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by Lammy
2139 days ago
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Go back to the ‘50s and ‘60s and you can actually see things change. California voters put the brakes on infrastructure projects starting in the late 1950s, for example, like the 1959 anti-freeway San Francisco Supervisors vote. It all made sense to me once I learned about the Second Great Migration, a topic that strangely wasn’t taught to me at all by American public school curriculum. |
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The time just after World War II was kind of an economic anomaly for the U.S. Our population of about 4% of the world generated something like 50% of the worlds GDP, most other industrial economies were still rebuilding.
It might not be accurate to consider that period as a baseline for purposes of economic comparison.