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View Diary: Economic news shows still more uncertainty (94 comments)

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  •  30 years? (2+ / 0-)
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    Meteor Blades, trinityfly

    The mess began with the end of WWII and our "fake" rise as the global manufacturer due to having destroyed every other competitor during the war.  That lead to the fabled middle-class rise in the 50s and 60s and the decline was setting in by the early 70s already.  The problem we had was one of hubris, believing that we were better than everybody else and not actually planning for competition.

    •  Jimmy Carter talked about competition in 1977 (2+ / 0-)
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      PsychoSavannah, RenMin

      The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent mistakes from being corrected.

      by Agent Orange on Wed Aug 04, 2010 at 08:18:41 AM PDT

      [ Parent ]

    •  What are you saying? (0+ / 0-)

      The mess began with the end of WWII and our "fake" rise as the global manufacturer due to having destroyed every other competitor during the war.

      Probably should point out we had a lot of help from the Germans, Japanese and Italians, not to mention Brits, French and Russians, in destroying every other competitor during WW2.

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