Comments by "Don Jones" (@donjones4719) on "GM Cast(ing) Away | GM gets low volume right." video.
-
3
-
@Retired Bore Quite true, good points. On a different note: I explain to my friends that the period of 1945-70, when an unprecedented proportion of Americans could buy a house and afford to raise 4-5 kids fairly comfortably, and have savings was an anomaly. The US was the only intact major industrial nation in 1945. Germany, Japan, Italy, France, and Russia were devastated, especially the first two. The UK was broke. It took till 1970 for Germany and Japan to rebuild their economies - and then their cars started to roll in.
World competition is a big reason Gen X and Millennials have it so tough - and so many don't realize the era of prosperity they compare themselves to was an anomaly. (The other reason it's tough, the flow of wealth to the top 1%, is a huge reason but that's a different discussion.)
1