That's always been the question, where to assign credit for our post war prosperity? I mostly agree with you, but the possibility that high taxes and government contributed can't be completely discounted.
That, and the exportation of our inflation using the US dollar as the worlds reserve currency. That dodge is coming to an end as other economies start to develop and charge more for cheap goods. It's quite a trap.
That's always been the question, where to assign credit for our post war prosperity? I mostly agree with you, but the possibility that high taxes and government contributed can't be completely discounted.
That, and the exportation of our inflation using the US dollar as the worlds reserve currency. That dodge is coming to an end as other economies start to develop and charge more for cheap goods. It's quite a trap.