What's wrong with this analogy?

Look, I largely agree with the assertion that American laborers are getting paid to little.

But this is historically wackadoodle.

Robert Reich

@RBReich

·

34m

90% of Americans born in the early 1940s were making more than their parents by the time they reached their prime earning years. Today, only half of adults born in the mid-1980s are now earning more than their parents. Workers are fed up for good reason.

Americans born in the early 1940s were born in an era in which German, Italian, French, British, and Japanese industry had been bombed into oblivion.

Of course, American industry did well.  It was the only thing left.

For some weird reason, Americans just can't grasp that the super North American economy of the 50s and 60s was due to World War Two.