REVIEW OF THE PAST CENTURY 18-28 postwar up-and-down rapid recession and boom. 2

REVIEW OF THE PAST CENTURY

18-28 postwar up-and-down rapid recession and boom.

29-39 the economy destroyed and the ongoing depression.

40-46 the war years converted the economy.

50’s-62 were …. celebratory. American war-dividend. And evolved into majority white collar, majority home owning, and majority car driving, and majority appliance owning.

63-72 a catastrophe – the proles ascended postwar consuming it. spread of ‘great society’, destruction of the black family followed by white, immigration act, all the socialist programs…

73-78 depressing decline as the 60’s played out.

80’s once again celebratory as we ended socialism reascended

90’s absurd as we reaped the benefits the fall of world communism and technology

2001-2002 a shock as we overplayed our hand.

2003-2007 comfortable but cautious.

2008-2016 (obama) a lost decade.

In the 80’s we might have been spoiled, but we weren’t losers like the 60’s and 70’s.