Liberals' biggest myth: Unions and high taxes caused the post WWII economic boom

Feb 2011
15,973
5,509
Boise, ID
#1
The narrative from the institutional left wing is that high marginal taxes on the rich coupled with strong unions "created America's middle class" and was the cause of the U.S. economic prosperity between 1945 and 1980. The starting point is credited to FDR's liberalism and the New Deal, high top marginal tax rates, and "strong unions," and the end of it is pinned exclusively on the inaugurations of Ronald Reagan and Margaret Thatcher.

That is the left wing gospel. It shall not be questioned or challenged. No other explanation is valid or welcome. And this narrative is continuous from the left wing. It is referenced constantly.

The narrative is a lie. A myth.

If High Taxes In The '50s And '60s Produced Good Growth, Then Let's Have High Taxes Again

We need, instead, to prove, or at least surmise, that growth in either period would have been better under one set of policies than it would be under the other. Which is something rather more difficult, as we're not actually allowed to rewind the world, change the policies, and run it all through again.
The point being that there really wasn't much economic growth between 1929 and 1945. No, don't try to use WWII GDP numbers to argue there was, making things to be blown up might be necessary at times but it's not an addition to the lifestyles of the citizenry so it's not economic growth of the type we're considering here. Lifestyles in the UK were worse in 1945 than they had been in 1929, in the US perhaps marginally higher. But we also know that technology moved on in leaps and bounds in those years. And then we spent the next 20 years exploiting those new technologies.

That is, the post-war growth happened despite those taxes and unions, not because of them. And if you start your economic analysis in 1929, or 1930, you'll see that the period 1930 to 1970 was not in fact remarkable. It's just that if we start at 1945 we're looking at the effects on GDP of 40 years of technological advance being exploited in 20 years. This is not something that's going to happen again by increasing taxes nor favoring unions.
If you're allowed to pick your start and end points in measuring a cyclical occurrence then you can prove pretty much anything you like. Counting economic growth from the moment we stopped blowing stuff up is going to make that period look good whatever the policies.
 
Jun 2013
16,819
14,353
Here
#3
The narrative from the institutional left wing is that high marginal taxes on the rich coupled with strong unions "created America's middle class" and was the cause of the U.S. economic prosperity between 1945 and 1980. The starting point is credited to FDR's liberalism and the New Deal, high top marginal tax rates, and "strong unions," and the end of it is pinned exclusively on the inaugurations of Ronald Reagan and Margaret Thatcher.

That is the left wing gospel. It shall not be questioned or challenged. No other explanation is valid or welcome. And this narrative is continuous from the left wing. It is referenced constantly.

The narrative is a lie. A myth.

If High Taxes In The '50s And '60s Produced Good Growth, Then Let's Have High Taxes Again
First, it is you that is presenting a myth about who thinks what. Second, you cannot deny both unions and high taxes existed during boom times and you and shills for Trump cannot explain how it is possible to have unions and high taxes during boom times, the same as how you cannot explain how the economy recovered from the worst recession since the Great Depression, under the first President in history to have a black parent and a white parent and in spite of all the things "conservatives" say were holding back the economy, like regulation and all the things Obama did during his presidency. They cannot explain why that Great RECESSION began under a "conservative" President who had done the neo conservative things, like tax cuts (especially for the wealthy and the removal of regulation, that was making it less easy for crooks and liars to be, crooks and liars. Now the same is occurring and the economy continues the trend is was on, but will that continue. History says it is unlikely to, especially if it the success of the economy is built on hot air and weak structures, intended to make it appear good, while it is unstable below, based on the removal, yet again of all the safeguards that make a healthy economy also a more stable one.
 
Last edited:
Jan 2014
15,225
3,847
California
#4
The narrative from the institutional left wing is that high marginal taxes on the rich coupled with strong unions "created America's middle class" and was the cause of the U.S. economic prosperity between 1945 and 1980. The starting point is credited to FDR's liberalism and the New Deal, high top marginal tax rates, and "strong unions," and the end of it is pinned exclusively on the inaugurations of Ronald Reagan and Margaret Thatcher.

That is the left wing gospel. It shall not be questioned or challenged. No other explanation is valid or welcome. And this narrative is continuous from the left wing. It is referenced constantly.

The narrative is a lie. A myth.

If High Taxes In The '50s And '60s Produced Good Growth, Then Let's Have High Taxes Again
Mr. Neomalthusian,

Wow, and I thought it was the fact that the US had the only intact industrial infrastructure in the world.
 
Jul 2013
36,404
22,846
On a happy trail
#5
The narrative from the institutional left wing is that high marginal taxes on the rich coupled with strong unions "created America's middle class" and was the cause of the U.S. economic prosperity between 1945 and 1980. The starting point is credited to FDR's liberalism and the New Deal, high top marginal tax rates, and "strong unions," and the end of it is pinned exclusively on the inaugurations of Ronald Reagan and Margaret Thatcher.

That is the left wing gospel. It shall not be questioned or challenged. No other explanation is valid or welcome. And this narrative is continuous from the left wing. It is referenced constantly.

The narrative is a lie. A myth.

If High Taxes In The '50s And '60s Produced Good Growth, Then Let's Have High Taxes Again
The OP presents a false premise as fact.
 
Jun 2013
16,819
14,353
Here
#6
The OP presents a false premise as fact.
What else is new, coming from those (foreign and domestic) trying to sell alternative realities to the least intelligent Americans, in order to try to prop up support for those that can't seem to succeed in any other way, but to lie about their opposition and hope there is a ready supply of unintelligent Americans to lap up the BS?

The question is, will intelligent Americans be able to defend the constitution and the nation from enemies, foreign and domestic,and those try to sell this BS as truth?
 
Last edited:
Likes: BigBob
Feb 2011
15,973
5,509
Boise, ID
#7
Talking about myths coming from the tax cuts create jobs crowd LOL
Claiming I'm a "tax cuts create jobs" type of person is a straw man. Secondly, what did I say that is a myth?

First, it is you that is presenting a myth about who thinks what.
You're claiming the left wing does not suggest high taxes and unionism caused the post-war economic boom?

Second, you cannot deny both unions and high taxes existed
Well I don't.

you and shills for Trump
Straw man.

cannot explain how it is possible to have unions and high taxes during boom times
It's explained in the link I posted, last paragraph.

Wow, and I thought it was the fact that the US had the only intact industrial infrastructure in the world.
That and several other/related unprecedented and non-replicable global economic factors.

The OP presents a false premise as fact.
We've got another person denying the left wing narratives tries to associate unions and high taxes as causal of the postwar boom.

What else is new, coming from those (foreign and domestic) trying to sell alternative realities to the least intelligent Americans, in order to try to prop up support for those that can't seem to succeed in any other way, but to lie about their opposition and hope there is a ready supply of unintelligent Americans to lap up the BS?

The question is, will intelligent Americans be able to defend the constitution and the nation from enemies, foreign and domestic,and those try to sell this BS as truth?
What did I say that is B.S., specifically?
 
Likes: orangecat
Jan 2014
16,026
6,073
south
#8
The narrative from the institutional left wing is that high marginal taxes on the rich coupled with strong unions "created America's middle class" and was the cause of the U.S. economic prosperity between 1945 and 1980. The starting point is credited to FDR's liberalism and the New Deal, high top marginal tax rates, and "strong unions," and the end of it is pinned exclusively on the inaugurations of Ronald Reagan and Margaret Thatcher.

That is the left wing gospel. It shall not be questioned or challenged. No other explanation is valid or welcome. And this narrative is continuous from the left wing. It is referenced constantly.

The narrative is a lie. A myth.

If High Taxes In The '50s And '60s Produced Good Growth, Then Let's Have High Taxes Again
the "myth" you speak about is a partial truth. there were many contributing factors involved here. some have been discussed, others have not. yes, we had the resources and the manpower to spare. we had an undamaged infrastructure. but, the aggressive policies of FDR to curb the Great Depression was also a factor - and a testament to his sales expertise. we spent money to arrest the effects of that depression earlier than other countries - and it cost us a bundle. this was paid by increasing taxes and restraint on other issues. many factors were involved as to how this happened which probably will not be repeated.
 
Sep 2014
4,401
1,267
South FL
#9
They conflate the existence of a few marginally relevant tax rates, backed by a 10,000 page tax code with that was mostly loopholes around the few who would be subjected to it anyway.

In fact taxes were much, much lower OVERALL and that, of course is very, very relevant and even so the 1950s had two recessions and 2 other recessions sat on 1949 and 1960.
 
Jul 2014
38,875
33,843
Border Fence
#10
So, in order to bring back those high growth rates why don't we have high taxes, strong unions and lots more lovely government interference again? Surely, that lovely economic growth will just flood out across the economy, right?
What a stupid mutherfucker. Slayer of strawmen.


The high tax rates came from funding depression era work programs and funding the war.

Post war boom came from war era industries transitioning to domestic goods and services. High taxes kept in place until the Kennedy administration helped fund GI bills in education and home ownership.

Higher taxes alone does nothing to put all the pieces back into position to replicate post WWII America.
 
Likes: OldGaffer

Similar Discussions