WTF Happened in 1971?

Updated on January 29, 2021 in General Stuff
5 on January 21, 2021

This is awesome: https://wtfhappenedin1971.com/

 

 
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0 on January 21, 2021

Joe Biden started in the Senate?

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0 on January 22, 2021

By the way, you may be thinking I was being flippant, but I wasn’t.

EPA, the last and most freely and maliciously punitive of the Alphabet agencies was created in December of 1970. Nixon won in a landslide in 1972 only to get the bum’s rush from the Administrative State in 1974. The draft ended in 1975 with the Vietnam war ending a couple years earlier. All the folks in charge in Congress currently started their careers in the early 70’s.

And I turned 10 in 1971.

Hmmm…..

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0 on January 22, 2021

A lot of people (and I think this is where wtfhappenedin1971.com guys are coming from) think it was the abandonment of the gold standard that screwed us.

I find that an attractive explanation, but I can’t say I’ve really made a study of it. I can say I’ve read a ton of stuff on “Modern Monetary Theory” and it seems like absolute foolishness to me. Madness, actually.

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0 on January 22, 2021

That’s right. That was under Nixon, too.

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0 on January 29, 2021
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