The Economic Collapse Blog
Would you rather live in the America of 1950 or the America of 2012? Has the United States changed for the better over the last 62 years? Many fondly remember the 1950s and the 1960s as the "golden age" of America. We emerged from World War II as the wealthiest and most powerful nation on the planet. During that time period, just about anyone that wanted to get a job could find a job and the U.S. middle class expanded rapidly. Back in 1950, America was still considered to be a "land of opportunity" and the economy was growing like crazy. There was less crime, there was less divorce, the American people had much less debt and the world seemed a whole lot less crazy. Most of the rest of the world deeply admired us and wanted to be more like us. Of course there were a lot of things that were not great about America back in 1950, and there are many things that many of us dearly love that we would have to give up in order to go back and live during that time. For example, there was no Internet back in 1950. Instead of being able to go online and read the articles that you want to read, your news would have been almost entirely controlled by the big media companies of the day. So there are definitely some advantages that we have today that they did not have back in 1950. But not all of the changes have been for the better. America is in a constant state of change, and many are deeply concerned about where all of these changes are taking us. (Read More....)
