As you all know the 1950's by every technology and inflation adjusted measure was not only better for everybody, but was hands down the pinnacle of US achievement and capitalism.
Because of this the left does its best to rewrite history, besmirch it, criminalize it, villainize it, and (as if it's not the most tiresome and broken record in their playbook) is remind us just how sexist and racist it was. The 1940's and 1950's just simply cannot exist accurately in the history books for it is everything that the left hates and the most compelling and damning empirical data that proves socialism wrong.
Because of this I like to bring up the 50's occasionally, citing data and statistics and presenting logical, unemotional arguments as to why it was indeed the best decade in US history. And today's leftist argument we're going to debunk is;
"Oh yeah!?? Well...umm....you know what...the WORLD WAS DESTROYED after WWII and the US was the ONLY country left to build stuff for them. That's the only reason the 50's had such great economic growth. It wasn't capitalism! It was because the world was our bitch! So..umm...yeah, so there!"
So young lieutenants, economists, Cappy Cappites, and book babes, let us do what the left refuses to and look at the actual data.
To see whether or not the true cause of the booming economic growth in the 50's was due to the rest of the world being destroyed, I decided to look at exports as a percentage of GDP. To be honest, I truthfully thought there was "some" credibility to the left's claim, and so I was more than willing to adjust US economic growth to account for exports. However, after pulling the data, I realized I didn't have to bother:
Exports as a percentage of GDP have actually GONE UP SINCE WWII.
Yes, during 1947 exports were at a relative high, but after a 2 decade decline and stagnation, exports have consistently been going up since the 1970's. Keep in mind a lot of this has to do with services (which were not as prominent in international trade as today), but the argument that the whole world was "just destroyed" and was helplessly dependent upon US exports which explained the booming economic growth we enjoyed in the 50's is just a lie. And if we consider exports are nearly TWICE the percent they were back in the 50's, it's actually a damning testimony against the creeping socialism we've had since the 1960's (as well as American spending habits that we IMPORT even MORE resulting in a trade deficit).
The primary lesson to take from this though, ladies and gentlemen, is that you can almost always assume the left has never bothered to look up the "facts" they spew. You, sadly, just have to assume whatever they say is either intentionally or unknowningly false and be willing to spend the 5 minutes to look up the actual data.