lazs2 wrote:
I really can't believe that anyone is saying that 1978 was the good times....
nothing they say after that is worth taking seriously.
All depends on your perspective. Was it a Bush style economy, where more wealth is concentrated in the richest 1%? Nope.
It was a good time socially. The country was putting the abominations of Nixon and Viet Nam behind us. Draft protesters were granted amnesty. Constitutional rights were being up-help by the higher courts. Pigs no longer had jack boots and blank checks.
The reasons inflation was high were twofold. Mainly, as always, the Bushies were jacking up gas prices. But wages were keeping pace. Regular middle class people were earning more. Increased wages contribute to inflation too. Are you against earning more?
Of course, this probably doesn't suit those who think freedom is the right to "shut the f-- up and do as you're told." I can understand why some of the whining "please throw away my rights to protect me from the boogeyman" crowd hated it.