Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.
This paper recounts American economic history for 60 years after World War II. The unusual part of this paper is that it focuses on not only the conventional tale, but also recounts what whites did to and for Blacks over this period. It starts from the unhappy experience of a Black American soldier, goes through the prosperity that followed the war and ends with the various changes that happened to the economy after 1970. The Civil Rights Movement is in the middle, and it gave rise to more Black education before racial segregation destroyed their gains. Some Blacks graduated from college and became a Black Elite. Obama’s election showed that the Black Elite could interact with relative equality with educated whites.