, Gloucester, MA

Letters/My View

October 20, 2012

Letter: Remembering WWII as an economic engine.

To the editor:

I am writing in response to the latest letter from Milt Lauenstein (the Times, Thursday, Oct. 18).

Thank you, Milt, for sharing your experience of so many years. I, too, grew up child of the FDR generation. I guess you could say that Harry S. Truman was my president. But I believe that you left out a very important piece of all those years of a stable economy.

World War II provided an economic stability, making many individuals very, very wealthy — including those vested in the aeronautic industry, and the auto moguls of the time, possibly including Gov. Romney’s father. Fathers generally train up their sons to follow in their footsteps.

Profiteering was rampant, from the very rich, to the very poor — kind of like today.


Langsford Street, Gloucester

Text Only | Photo Reprints
Letters/My View

NDN Video
Motorcyclist Sticks Landing Nicki Minaj Unleashes Her 'Anaconda' On the World This 'Breaking Bad' Reunion is the Most Hilarious Thing You'll See All Day! President Obama talks about who James Foley was Watch Helicopter Perform Aerial Ballet Can Buckeyes fill Miller's void? Victoria's Secret Models Prove They're in Fighting Shape How Brian Hoyer Stacks Up With Johnny Manziel Taylor Swift Reveals New Album 1989 is Full-On Pop Crews rescue elderly woman trapped inside flooded minivan Man Poses for New Mugshot Photo Wearing Shirt with Old Mugshot Photo On It Disquieting times for Malaysia's 'fish listeners' Caught On Camera: Johnny Manziel Obscene Gesture Rita Ora Embraces the Ice Bucket Challenge Bird surprises soccer player Ashley Young during game Chapter Two: Never too late to become an artist Ice Bucket Challenge Goes Viral, Raises Over $15M For ALS Damaging Winds Stop the Show! In the Cockpit of the Air Force's Elite Squadron Pathologist: Autopsy Shows Teen Repeatedly Shot