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DevonRex

(22,541 posts)

25. The 70s were a blast.

Reply to Whiskeytide (Original post)

Thu Oct 24, 2013, 02:19 PM

Oct 2013

We didn't do anything we were supposed to do after high school . We partied. We wore really cool clothes. Not like you see on TV. We were all skinny. We traveled all over the place. We went to concerts. We rode motorcycles. I had a '68 VW bug, navy blue. I ironed my hair. It was long and blonde - down to my waste. We tie-dyed our own clothes.

It was a lot more fun than your graph. But we were either broke or rich and didn't much care which as long as somebody bought the gas, tickets and beer. Somebody always did.

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So... What did happen in the 70's...? [View all] Whiskeytide Oct 2013 OP

I blame Nixon, OPEC and wage freezes. antiquie Oct 2013 #1

Bad economic times in late 70's. Doesn't anybody remember mortgage sinkingfeeling Oct 2013 #2

And gas lines leftynyc Oct 2013 #21

Ronald Reagan zipplewrath Oct 2013 #3

Yes. Reagan happened. Skidmore Oct 2013 #26

Reagan wasn't elected until 1980. Decline started before then. SharonAnn Oct 2013 #34

K.I.S.S. happened Capt. Obvious Oct 2013 #4

Religious right said their name was CANDO Oct 2013 #17

1) Nixon went to China. 2) SInflation. 3) The New Deal opponents win most of 70's, all 80's. haele Oct 2013 #5

Jimmy Hoffa mysteriously disappeared then Brother Buzz Oct 2013 #6

Yeah, I was thinking that this was around the time tosh Oct 2013 #7

Nixon, who brought corruption and greed to our government. Cleita Oct 2013 #8

It was the even/odd days for buying gas. Its was a cold shower for the US, a realization that CK_John Oct 2013 #9

US oil production peaked; we became dependent on imports; two oil crises happened. FarCenter Oct 2013 #10

Cheney got a job in government, and it all went to shit exponentially since then elehhhhna Oct 2013 #11

Obviously more than one cause. malthaussen Oct 2013 #12

In a single word...Stagflation... Xolodno Oct 2013 #13

The music was so great we got distracted? polichick Oct 2013 #14

Deregulation CANDO Oct 2013 #15

Absolutly, and the whole trend started when Bert Lance pushed through legcramp Oct 2013 #35

Disco... clearly disco. nt Bigmack Oct 2013 #16

And everything was so...colorful. randome Oct 2013 #20

Bretton Woods died. ( n/t ) Make7 Oct 2013 #18

Meaning the US gold standard Paulie Oct 2013 #23

I think one thing was the large right-wing/corporate reaction deutsey Oct 2013 #19

Yes - they really scrambled to put together their think tanks then... polichick Oct 2013 #22

"White Flight" and the creation of the so-called "Rust Belt" BumRushDaShow Oct 2013 #24

The 70s were a blast. DevonRex Oct 2013 #25

+1 Little Star Oct 2013 #27

That is an amazing graph. And I think you are right in your guess that it's the Squinch Oct 2013 #28

GHWBush/Jackson Stephens made deals with Chinese industrialists to move US manufacturing blm Oct 2013 #29

This: We don't MAKE shit, we BUY shit!!! - on CREDIT!! Myrina Oct 2013 #30

A drop that could be a momentary adjustment never recovers. It became permanent during the REAGAN Hissyspit Oct 2013 #31

I was doing fairly well in the mid-'70s, as I was working full time RebelOne Oct 2013 #32

"Gino's gives you freedom of choice" starroute Oct 2013 #33

Raygun warrprayer Oct 2013 #36

I wish I could remember Ishoutandscream2 Oct 2013 #37

The US stopped being able to supply domestic oil demand with domestic supply after 1970. Spider Jerusalem Oct 2013 #38

Nixon got let go. Octafish Oct 2013 #39