The U.S. was at the apex of its power during those years. Those years are also why we remember earlier immigration waves as “working.” The foreign born population dropped from 15% to under 5% during that period. The Italian and Irish enclaves disappeared and so did the separate ethnic identity of those groups (to a large degree).
That’s a common misconception. The U.S. actually became the world’s largest industrial power before World War I. Germany had 60% of the US’s GDP per capita in 1910. It dipped during the war itself, but by 1960 it was closer to 70%. https://unchartedterritories.tomaspueyo.com/p/us-gdp-per-cap....
It contradicts the conclusion he’s drawing from those two facts, which is that U.S. economic dominance results from European economies having been destroyed after WWII. The U.S. became a world power during its isolationist phase prior to WWI.
I think the last 20 years of that 45 year period were substantially due to exactly what they described.
If you give any debit for the decade-long Great Depression, or wartime malaise due to loss of life, emotional toll, and rationing, it’s fair to conclude that half of the period of good times was during exactly that post-war rebuilding (largely powered by US industrial capacity) and concomitant baby boom.
I would have preferred the banks be told not to expect a bailout in 1914. Privatize the profits, socialize the losses. It's been a problem for a long time and the body count stretches into the millions.
Mmmmhmmm. Ah yes 1921, the year both the Klu Klux Klan (and European Fascism) metastasized in society. All immigration controls come from a rather interesting, dark place; shifting of the Overton Window, and all that.
We should modularize our discussion to distinguish between the various effects of immigration and the most humane/optimal way to enforce immigration law.