WTF happened in 1971?

submitted by magnora7 from wtfhappenedin1971.com

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[–][deleted]  (2 children)

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    [–]magnora7[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

    Yup. Monetary inflation is a slow theft on anyone with savings, or a fixed wage.

    Also both parents work now, and that started about the 70s too. This depressed wages even more. Now even a 2-income household has trouble making ends meet.

    [–]Jesus 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

    https://petras.lahaine.org/from-richard-nixon-to-donald-trump/

    I don't really know if Nixion was as bad or caused the problems stemming from 1971.