Celebrating our 250th birthday over the weekend brought back memories of our Bicentennial in 1976 and the similarities between then and now. The fall of Saigon marked the humiliating end of the Vietnam War. We maintained something of a detante with what many thought was an ascendant Soviet Union, with us in decline. We were suffering from stagflation, a stagnant economy with ever-increasing prices. Many were pushed into higher tax brackets, while their income bought less.
After Watergate and President Nixon’s resignation, we were looking forward to the less-than-thrilling choice between Gerald Ford and Jimmy Carter for President. I hoped that Ronald Reagan would somehow prevail at the Republican Convention the following month, but it wasn’t to be. It was the period that caused Jimmy Carter, as President, to give his “malaise ” speech.
President Ford’s “Whip Inflation Now” Campaign, with its WIN buttons and voluntary appeals to save rather than spend, plant gardens, turn down the thermostat, and carpool, summed up his policy. After the progressive McGovern fiasco, the Democrats turned to a Georgia peanut farmer about whom nobody knew much, especially what he’d do.
We celebrated our birthday, but we wished we could be more upbeat about the future. Maybe those prophecies of gloom and doom were right, and we were in decline.
I thought we had all this behind us, but Déjà vu, here we are at 250 with many of the same or similar problems. A war gone awry, with humiliation in the wings, inflation refusing to go away, and most people having little faith in the abilities and policies of our two major parties. Again, maybe we’re in decline, and the American dream is gone for good. Some share New York Mayor Mandani’s dark view of America, where the wealthy oppress working people.
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