/ic/ - Artwork/Critique

>>3763785
>prosperous

How so? If simply taking all of the money a small but influential percentage of the population made worked the country wouldn't have been mired in historical debt at that time. To use a more modern anecdote, the proposed "70%" tax being floated in certain circles is only estimated to provide the federal government with a meager 72 billion in additional funds (current tax revenues being 3.4 trillion).

It's important to note that with Eisenhower's administration these were the years shortly following the greatest global conflict that had ever been seen up to that point (and Loomis-willing will ever be seen again). It's simply not comparable to compare the 1950s, even up to the 1980s when real economic globalization was not established in the way that it is today to the here and now where any major company can pack up and leave for a better deal elsewhere at the slightest provocation

https://www.youtube.com/watch?v=4ihPDS3O54k