> Ironically, what people consider the most prosperous time of America happened to be the time when America was opposing a vague foreign adversary.
It happened to be at a time when the rest of the world's industrial capacity had been almost completely destroyed by a devastating world war which hardly touched US infrastructure.
Outsized returns to the post-war US economy were consequent on being the only intact industrial economy; the regulatory system which ensured those gains be shared with the working class was a response to communism.
It happened to be at a time when the rest of the world's industrial capacity had been almost completely destroyed by a devastating world war which hardly touched US infrastructure.