VladimirPee

Post WW2 we had a virtual monopoly. We were the only industrialized nation that wasn't bombed to cinders and in those war torn nations the factories were prime targets. It gave us a huge advantage and we could charge prices which resulted in high profits and give in to union demands for pay and benefits. By 1960 the world was catching up and in many cases like Japan and Germany they had newer and more modern factories. By 1969 VW had 9% of the US Auto Market. By 1965 the first veterans of WW2 were retiring with nice pensions and benefits. US Industry found itself in a quandary and was under assault from foreign competitors and labor unions. I have no idea what the solution is but I do know that I disagree with free trade. As a conservative I do not believe free trade has helped.

bmac32 Loc: West Florida

Surely not losing at that time. Started there at $9.xx and hour, when I left it was $22.45 plus full medical, dental, 10 sick days, 4 weeks vacation and a 401 plan that contributed $2.00 for every one I put. Could put that money in any plan that Fidelity had with no fees for moving it. Now disability was a huge drop but thankfully we don't rely on that.

faithistheword

What middle class?? barackhussein has wiped out the middle class--intentionally! And most small business owners WERE middle class. His reasoning? IMHO--because most revolutions are started by the middle class!

bmac32 Loc: West Florida

Anigav6969 wrote:
Pretty simple...raise the taxes on the wealthy...keep the taxes lower on the middle class




So, take from those whom have done well to give to those who won't bother? So where is the insensitive for anyone to do well, you just removed it!