General Discussion
In reply to the discussion: This message was self-deleted by its author [View all]merrily
(45,251 posts)we prevented Germany and Japan from manufacturing for a good while and other nations, like China, had not yet begun.
That enabled factory workers to do very well for a time. Still, factory workers in 1955, while employed, were not necessarily doing well, except maybe in the auto industry.
IMO, we always had huge income disparities in the U.S. In the eighteenth century, Thomas Jefferson, owner of a huge plantation and six hundred slaves, versus some poor shlep of a carpenter's apprentice. In the nineteenth century, the Railroad barons and their pals. And in the 20th century and into the 21st, the financial sector.
BUT, never have the wealthiest among us been such a small percentage of us and never has the disparity between the richest and the poorest been so huge.
It is to the advantage of the 1% to ignore that last sentence, so they do.