Sam a big reason is that under the Marshall plan to rebuild Germany and Japan they rebuilt with the newest stuff for the day. The old robber barons of the day here in the US who made billions from the war did nothing to modernize or reinvest in their companies. IN the late 60's the US steel producers were still using pre war systems and tech to make steel while both Germany and Japan were using much more modern precesses. That's just one of the reasons they were able to surpass up in many places. Just like during the last recession. AMC went away, the government bailed out Chrysler and Ford used it to get rid of unneeded management and to switch over shut down lines to more modern lines. Gm didn't do much. Chrysler kinda dug it's own hole through the 90's with many vehicle issues and Benz couldn't save em. GM kinda did nothing. Sure bite em in the back side this time around. I remember reading an interview with the VP of Ford while all that was going on. At the time Ford was doing long range planning. He stated that for Ford to be competitive in the future they needed to do these things to be able to compeat.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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