by PoS » Mon Nov 19, 2012 1:23 am
Many new millionaires came from TGA, Andrew Carnegie grew up poor yet became one of the richest men ever. No income tax, immigrants came from all over- they weren't getting entitlements but because of higher wages than the countries they were in. The US became a world power and became no.1 in the world so that is undeniable.
Wealth has always been concentrated on the rich and today's world is no exception, the difference is TGA expanded America's economy while we are just going sideways today. No contest. The Depressions that occurred happened because of over speculation in a bubble, just like today.