and other signs of the 70’s returning. Everywhere I read about the economy and news in general, I can’t help but be reminded of the 1970’s.
- American auto makers in trouble, due to an over reliance on high profit gas guzzlers and not able to react quickly.
- Involvement in an expensive and ultimately pointless war.
- A republican president in the White House who should of been impeached for lies.
- A deep recession looming with deflation or stagflation.
- Heavy, almost constant losses of manufacturing jobs.
- Heavy dependence of foreign oil.
- Endless shipping jobs overseas.
- On the plus side, we are getting back into space exploration, ironically with a space station in orbit and lots of planetary probes, much like the 70’s.
- We had a very defining moment when Obama was elected, a point to be proud of, much like how we got mostly along in 1976 to celebrate the bicentennial.
I could go on, but the parallels are striking. We survived the Seventies, I just hope we are not paralleling the 1930’s. That didn’t turn out so good, since it took a World War to resolve those issues. I think it feels more like a 70’s vibe, I just hope some roaring teens ala the 80’s follow this malaise.