The End of Affluence

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Pages: 14
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The End of Affluence As the first European settlers arrived in America, ideas of wealth and prosperity were fully implanted in their minds. These ideas soon turned into reality, and the United States dominated the global economy up until the post World War II years. In this paper, from the Book The End of Affluence by Jeffery Madrick, we will discuss how America has gone from domination of the economic market , to just barely hanging …

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…Social Security, and other topics such as health care. Our main rival, however, is not the rest of the world, it is the memory of our exceptional past, when our economic advantages made us the most productive country in every major industry and our incomes grew accordingly. Once our mindset changes, then we can set down to business and hopefully before it is too late, take charge of the biggest national threat to our society.