Analysis and opinions concerning the issues of the day, from the point of view of a populist, New-Deal-style Democrat. You can reach me at mftalbot (at) hotmail dot com
Saturday, June 20, 2009
When America was a Communist Country
Note the top tax rate in the 1950s; north of 90%. During the greatest economic upsurge in the history of any country on earth. A broad and solid middle class. Relative labor peace (and high unionization rates). Social stability to the point of being boring.