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Chet Ruminski Wrote: You are partially right. But when Americans had more discretionary money the bought quality, style and appeal over cost. Shopping price is directly related to income. More money more extravagance. Put money in the hands of people that will spend it and the economy will thrive.
This isn't necessarily true. Actually, none of it is true.
Americans had more discretionary money in the post WWII era because the entirety of Europe was in shambles and they had to spend all of their money rebuilding an entire continent.
And white Americans may have been able to purchase all of these goods, but I challenge you to prove that colored Americans were able to do the same thing post WWII.
We used to have slaves, sharecroppers, and children doing all the work. No wonder it cost so little to buy things!
We finally woke up as a nation and agreed that we shouldn't do that, but we still wanted our cheap goods. That's why Americans started buying goods from foreign countries. It cost less than paying someone a fair wage here in America.