Submitted by Rannrann123 t3_yolcsd in massachusetts
Pappa_Crim t1_ivfrguf wrote
Its hard to imagine a time when there was that much national consensus in this day and age
Lasshandra2 t1_ivgp6ay wrote
Nixon was known as tricky dicky. He was an awful person.
I was just a kid, but my parents were Democrats. They were devastated, mostly because they were smart and patriotic.
The economy was awful for the whole decade of the 1970’s. A hell of a time.
HillsSt t1_ivig4j6 wrote
And the start of the 80's. Inflation now is nothing to then. And interest rates. My first mortgage was 10% in '87. That was after rates dropped. Think they had peaked around 17%.
Lasshandra2 t1_ivjvdco wrote
Yes. But cash in savings accounts gained close to that. It’s more oppressive now, imo.
Graywulff t1_ivk21id wrote
Yeah my first savings account was 5% 1998.
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