Freedom’s Forge
Dick Morris travels back in time to World War II and traces how the United States built the world’s most formidable military-industrial machine within a span of a few years. With the encouragement of President Franklin Delano Roosevelt, the miraculous feat was accomplished by a capitalist czar handpicked from the automotive industry, William Signius Knudsen, who applied free market principles to spur increased production.
Morris cites a book called Freedom’s Forge by Arthur Herman that analyzes how the Danish-born Knudsen could so quickly achieve such a dramatic turnaround. Now, if only today’s Democrats could remember their own party’s past triumphs, instead of smearing those entrepreneurs trying to build businesses in the current, tough economic climate. H/T Capitalist Preservation
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