lol no.
May I ask you, who do you think was buying a lot of the American made products due to the golden years of US manufacturing?
You didn't ask me, but it was mostly Americans during that period. The amount of foreign trade as a percentage of the GDP was remarkably and startling low. It surprised me when I first saw the figure back before rocks cooled.
What it takes to achieve the perceived American dream costs more money than it once did. Hyperbole, but everyone wants a face lift. Everybody has a cell phone and cable TV as it were. And what medical technology has done to the cost of health care. Growing inequality is also not conducive to dream achieving either. Internationalization also does not help in the sense that things inherently scare cost a lot more money. The mansion my parents sold in 1964 in the Bel Air neighborhood of Los Angeles was worth maybe about 900K in today's dollars (less than my 2,500 square foot tract home on a postage stamp sized lot is currently worth). Now excluding the improvements done to the place since, it goes for about say 6 million. And a house on Newport Bay in Orange County worth that in 1964, would go for about 15 million today. It's a global market, catering to global demand.
