“I assume you support the ideas of “minimum wage” and “living wage” as well (lol)”
The US economy grew like a weed on steroids in the 1950s and 1960s when we had both of those things. So your point is?
The US economy grew like a weed on steroids in the 1950s and 1960s DESPITE those things.
Remember: everybody else’s industrial base had been bombed to scrap and/or they were in debt up to their neck.
And - more importantly - you guys still had a free country which was the envy of the world, and a population which didn’t look for handouts.
Now, not so much.
>>The US economy grew like a weed on steroids in the 1950s and 1960s when we had both of those things. So your point is<<
#1) The living wage is very recent and certainly was not part of the 1950’s or 1960’s — it is a dumb and antibusiness idea
#2) They make no sense except perhaps as small governors (there are a handful of laws that are reasonable — we passed reasonable quite some time ago).
#3) This isn’t the 1950’s. Get a grip on Reality
You really are quite the little socialist aren’t you?
The US economy grew like a weed on steroids in the 1950s and 1960s when we had both of those things. So your point is?
Are you forgetting that major European economies and manufacturing were destroyed during WW 2?
American manufacturers were up and running strong after the war building the machines to restore Europe so our economy grew. It was during that period of growth that the takers affixed themselves like a leach to suck the blood out of our economy.
Reality check. In the 50’s and 60’s there was no competition
The rest of the world was in ruin after a certain conflict.
It was because Europe and Asia was rebuilding still after WW II. What did you think?