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The Rare Qualities Of The Postwar Economic Boom

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Howard R. Hollem/Library of Congress/Wikimedia

There's a lot of longing for "good old days" in America, the time when many people could graduate from high school and step into a well-paid manufacturing job--and send their kids to college. 

The economic boom that followed World War II was long and impressive... and quite possibly, an anomaly. 

Marc Levinson explains in his book An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy.  It shows the factors and forces that made so many people so much money from the end of the war up to the Arab Oil Embargo of 1973. The author joins us to compare and contrast that period with other periods in American history.  

 

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Geoffrey Riley is a graduate of the University of Missouri School of Journalism and marked his tenth anniversary as the full-time host of the Jefferson Exchange at the end of 2019. He's been a broadcaster in the Rogue Valley for 35 years, working in both television and radio.
John Baxter's history at JPR reaches back three decades.  John was the JPR program director who was the architect of "the split" when JPR grew from a single program stream to three separate streams. We coaxed him out of retirement and he's now a co-producer of the Jefferson Exchange.