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Quote by: Gods_Mercenary  We were never whole and complete in our borders, but we could always sart a world war to destroy our competitions' economies and leave ours jumpstarted. That's what gave us the prosperity of the 20's and 50's |
What you said is not correct, we did not jump start a war with Hitler or Japan or North Korea to jumpstart our economy, not Viet Nam for that matter ( what threat did Viet Nam represent concerning the economy?).
The short surge in the 1950s was because we were producing a lot of new items like washing machines, kitchen gadgets that were electric, cars that everyone could afford, and countless things like that. We imported nor exported much of those items. And we had the space race to land on the moon and contracts to build better airplanes such as jets and public airliners. And Nixon treaty with China was signed late in the 50s with no impact until Japan recovered and started to import stuff here.
Some wars can be viewed as supportive of American interests economically, especially those in South America under Reagan/Bush Sr.
Which was good for the mega businesses of flowers.
One reason the 1950s was such a surge is because we were only having a cold war with the USSR but no real time physical wars of any great cost to us.