The US had a 3rd world wealth structure prior to the postwar years. Starting in the late 30s, mostly through tax policy, surplus income on top was utilized to expand opportunity for the middle class and build the modern industrial infrastructure upon which commerce depends. Additionally, labor policies were enacted to lift wages and boost the purchasing power of the newly formed middle class (-this was the heyday of American Conservatism because the high wages & benefits along with programs like the GI Bill meant the family could afford to have the mother stay home and raise the kids).
Then came the stagflation of the 70s, caused by the oil shocks and the over-application of Keynesian policies (where inflation undermined the higher wages of the middle class). This allowed the right to raise taxes and get rid of American Labor protections on the promise that this would lead to economic growth. We let Reagan open all barriers to trade; and then we let him remove capital's bondage to American Labor. And - as a result - the wealthy moved all manufacturing to Asian sweat shops where Nike's are made for pennies a day so wealthy investors can make bank.
In addition to being a pompous ass you're just plain stupid.
I thought the Right (whoever they are) wanted to lower taxes to favor the wealthy? Get your misinformation straight.
Describing revenue sharing and great society programs as "Keynesian" would have the late John Maynard spinning in his grave, but the nuts and bolts of Londoner's post accurately summarize the rise and fall of the US blue collar middle class.
Instead of challenging a point on its merits or asking a question, you equate knowledge with sophistry.
Public education in America has a lot to answer for. You may be able to pursue legal action against the schools - if they did in fact pass you through.