Quote:
Originally Posted by L-Pink
Being an industrial/manufacturing powerhouse didn't hurt either.
|
And why were we that? A huge educated middle class who were educated for free. The add in the GI bill and we paid for a lot of free college and helped with home ownership which shortly there after was the highest in the free world. All on the backs of. 90% tax bracket for the highest earners and decent inheritance tax to break it up upon death. They were able to expand on the industrial revolution at the turn of the century that was caused by being a mineral rich country that was one of the first to educate everyone equally for free.
We can believe the American dream happened in a vacuum but it was helped by other factors. In 1800 the big discussion as to who was going to be the strongest country in the new world had the USA or Argentina.