Following our hollow “victory” of World War 2, dozens of major U.S. cities that had previously enjoyed peace and prosperity for generations suddenly stopped growing and soon declined. Many of them like Detroit, Chicago, Philadelphia, St. Louis, Baltimore, Buffalo, Cleveland, Newark, Pittsburgh, and Washington D.C. entered death spirals in the 1950s that drove millions of residents away, never to return.
Reckless federal interference in the housing market since the early 1930s gradually killed the longstanding Western ethic of working, saving and investing for a home; easy credit soon moved in for anyone with a pulse and a penchant to Buy Now, Pay Later. Additional interference of nationalizing unions in 1935 immediately led to a spike in labor unrest and lawless behavior that eventually choked America’s manufacturing base. Then the vengeful 1948 Shelley decision revoked neighborhood Freedom of Association, opening the floodgates to anyone coveting a lifestyle they did nothing to build. All three radical impositions were unprecedented in U.S. history at the time. Viewed as a whole, these measures were all designed for catering to predatory fiat bankers, corporate cartels, union militants and other powerful interests, while simultaneously pandering to mob voting passions. The ensuing chaos was no accident.
Despite tens of trillions spent on federal welfare programs since the 1960s, largely targeted on the urban poor, most cities never regained anything like their former glory of the circa 1800 to 1950 era. And the sprawling suburban flight from urban decay wasted tens of trillions more.
Along with the failed intrusion into college and exploding healthcare costs immediately following World War 2 (explored in a previous essay last year), the housing, labor and racial interferences of the 1930s and 40s created a New America that would have been unrecognizable to anyone living here from the 1600s to the 1920s. Once again, the illusion of post-WW2 allied “success” fades into a political charade that should be questioned by everyone.
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