

Is absurd that we essentially have a regressive income tax. I also wouldn’t ignore the global environment during that period.
During those decades, the US was effectively the only industrialized nation in the world. Everyone else either never had factories to begin with, or had smoldering piles of rubble where their factories used to be.
I’ve never heard of Siemens referred to as an “automation company”.
That’s technically true but they’re much more into heavy industry. They build power plants, trains, ports and industrial automation equipment. They’ve had to lay off some of their own employees but I’m not aware of any cases of their business putting other people out of work.