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Posted by: TheRealizer 6 months ago
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TheRealizer6 months ago
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We survived the financial crisis after WW2 because we had an industrial-manufacturing base in place. We were at that point in time an exporting nation.
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Now we export only wealth and import poverty, We are a nation with NO visible means of support!-
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quackpot6 months ago
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WRONG and WRONG
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The steel mills were shut down due to low labor costs in other countries.
Saw mills are still going strong; the U.S. is a net exporter of lumber, although the amount exported is decreasing. According to the lumber industrey this decrease is a result of increased competition from other countries (notably Russia) -
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Joer4x46 months ago
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When government stopped spending in 1945 the private sector took off - that ended the depression.
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http://begginmutt.spaces.live.com/
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