Sources of Fear in the Seventies and Early Eighties in the United States - Part 1

 

* Political Collapse

  - Watergate

    -> cheesiness of Nixon's criminality made politician look like little more than

         gangsters

  - Vietnam

    -> for many Americans the war seemed pointless

    -> for many Americans the failure to properly prosecute the war seemed an expression

        of weakness of will

    -> inability of the democratic process to stop a deeply unpopular war was troubling

    -> Nixon repeatedly lied about his intention to bring "peace with honor"

    -> secret bombing of Cambodia

    -> young people were burning draft cards

    -> the national guard was shooting down unarmed students

  - Southern politics were under court watch as Civil Rights were imposed

  - Northern and Western politics facing uncomfortable reality that race mattered in

     politics out of the South as well

  - many cities were overspent and/or undertaxed

* Racial Tension

  - the "easy" victories of Civil Rights provided little peace

    -> voting rights and civil rights did not make America suddenly equal

    -> African-Americans wanted real progress: jobs, education, wealth, etc.

  - many new spin-off rights movements

    -> Asian, Pacific Islander, Hispanic/Latino/Chicano groups all wanted rights

    -> white pride and White Power movements forming in reaction

  - integration put people of color and Whites in close contact

    -> racial fights in the schools and neighborhoods

  - Note: There was much good, but these were the negatives coming of fear

* Economic unease

  - continuing costs of Vietnam and the Cold War stressed the budget

    -> US hadn't run a budget surplus in more than a decade

  - taxes and the Great Society

    -> new social programs designed to alleviate poverty were expensive

        => America was somewhat committed to the "War on Poverty"

        => new schools and opportunities for kids of color were expensive

  - income and other taxes going up

    -> feds, states, and cities all needed more money 

  - Oil Embargoes

    -> US had long since become a net importer of oil

    -> a large slice of the available oil came from the Middle East, which was riven by

         tensions over Israel

  - oil embargoes in 1972 and 1979

    -> OPEC was getting richer and more powerful as a result of oil's increasing

         dominance

    -> the US was punished for support of Israel

    -> in '79 price of a barrel of oil went from $16 to $40 (highest real price until 2008)

        => already stressed, American families got slammed

  - stagflation

    -> the US had stopped growing quickly for various reasons

        => taxes sucked at economic flexibility of individuals and businesses

        => government  borrowing drove up interest rates, creating less oppotunity to

             borrow

    -> inflation also spiking

        => growing world demand associated with poverty alleviation drove up prices of

             basic goods

        => oil embargo pushed prices up

        => government spending over-stimulated the demand side of the economy

  - normal Americans were broke, unemployed, and hopeless

 

Next up, in Part 2:

* Cults and Urban Terrorism

* Drugs and tune-out culture

* Crime wave of the seventies and eighties

* Decline of US economic dominance

* Massive changes in work and labor brought about by computers and industrial robots