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Victor Ganata
It does put into perspective just how much more prosperous the U.S. was during the 1950s and 1960s. Not only did we fight two large scale, long-term wars, we spent tons of money getting a man on the moon, and we still had money to spare for robust social safety nets.
Funny what can be accomplished when the top marginal tax rates are 90% or higher. - Victor Ganata
It also strikes me how impossible it would be for Eisenhower and Nixon to run as Republicans in this day and age. - Victor Ganata
not least because they're both dead. - DJF
That hasn't stopped Ronald Reagan. :) - Victor Ganata
The Constitution doesn't specifically ban undead presidents, as far as I can recall. - John (bird whisperer)
Aren't they too busy being a rock band and a film? - WoH: Professor MOTHRA
We just fought two wars at the same time, are the go to country for any disaster any where in the world. We are living longer than ever. Technology has grown leaps and bounds. The world population has grown at an amazing rate. And all this while we went through recession. As for tax rate *shrug* What was the rate on dividends and capital gains then? Though we have taken some steps back when it comes to space travel. - Dario Gomez
We've taken a lot of steps back, and not just in terms of the space program. - Victor Ganata from iPhone
And capital gains was taxed at a higher rate in the '50s and '60s. By all rights, no one should be taking non-empirical Austrian economists seriously, and yet here we are - Victor Ganata from iPhone