The 1950s were great (for white people) because wages were high enough to pay for a house and support a family of five, with only one parent needing to work - even for ‘untrained labor’ jobs.

This was made possible by higher taxes for the rich and strong unions. Both disappeared, and the effects are evident.

This was made possible by higher taxes for the rich and strong unions.

And a devastating world war that destroyed the infrastructure of every other industrialized country on the planet, but left the USA almost entirely untouched, leading to a massive demand for tools and materials for rebuilding that could only be met by the USA.

If the Americans want the 1950s economy for white people back, not only do they need the social programs from the 1930s that survived until the 1950s, they also need a devastating world war somewhere overseas that the US only joins halfway through once those other countries have their infrastructure completely obliterated. Starting a war in Iran won’t cut it because then it’s the US having to pay for planes and bombs and artillery, rather than selling to both sides as the US did up until it joined the allies in WWII.

Sure, my answer was not complete. There were many factors for the prosperity of the 1950s. You could easily write books about that topic, and many did. I still see strong unions and more effective taxation as big factors.

Big, but not enough. If people really want the feeling of wealth from the 50s, another world war not involving the US needs to happen in addition to the labour protections, high tax rate on the wealthy, etc. That’s why it’s essentially impossible to get to there from here.

Having said that, it’s still possible to have a lot less wealth disparity.