Originally Posted by freebird5825
The curve for the automobile in the bottom chart was surprising - it showed a decrease/increase fluctuation in the years surrounding WWII.
I can understand a decrease after the US was fighting in WWII, but not prior to. Any thoughts?
My guess is it was the cumulative effect of the depression on American households. I can remember my Dad telling me that they were in the soup until the War started and America started staffing factories first for Lend-Lease, for beefing up the Navy and later for our entry into the war.
People had savings, it took a long while to bring some of them down.
Looked at now, it's like a feeble old man looking back on what he could accomplish in his youth. How the mighty have fallen!