Out of the Gloom: Lessons from the 1970s

Today’s Las Vegas Review-Journal had an interesting article from Joel Kotkin, comparing today to the 1970s.  I found it a good read.

“The country is in a funk. Oil prices are at record highs, and the dollar is plummeting. Foreigners are buying out leading U.S. business assets. Environmentalists say the world is headed toward an ecological crackup of biblical proportions.

Today’s headlines? Well, yes. But for those of us old enough to remember, they could just as easily be bulletins from one of the grimmest decades in recent U.S. history: the ’70s.”

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