Before 1975 we made everything here, we paid ourselves for most of our needs. The economic decline actually started in 1969 with imported Toyotas, in 1967 it was VW Beetles. and it was all down hill after 1970. We had budget and trade surpluses until 1969. So its a what came FIRST situation. Loss of wealth creating jobs being replaced with wealth absorbing jobs was the slow motion.
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