President Obama’s State of the Union speech was surprisingly bullish on reviving manufacturing, prompting one very clever person on Twitter to say something along the lines of: “Democrats want the economy of the 1950s, while Republicans just want to live there.”
It got me thinking: What did the economy look like in the 1950s? If you could organize all the jobs into buckets and compare the paper-shuffling professional services bucket to the manufacturing bucket, what would they look like around 1950, and how has the picture changed in the last 60 years? Read more.
[Image: Brian McGill and Peter Bell/National Journal]