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Originally Posted by alamostation
Until the mid-1960's, the economy of the US was the envy of the world because the government was business oriented.
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Bollocks
Quote:
Once the Great Society programs and the Vietnamese War started an artificial boom, the US economy hyper inflated. 1973 the world discovered the US wasn't producing enough oil. Inflation and economic collapse occurred at the same time. If the US could again remain politically neutral, and become business oriented, it could experience the boom times of the 1950's
Outcome: Winner
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Err, no. Our economy boomed because our manufacturing infrastructure had not been bombed to smithereens, and Japan and Europe's had been.
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