Are we about to repeat the lost decade of the 1970's? Today’s stagflationary economy -- with high inflation and slow growth -- will look familiar to anybody who lived through the 1970’s. Not only the stagflation, but the social unrest, decaying cities and political polarization all feel eerily familiar to those who thought gas lines, bellbottoms, and Captain and Tennille were all behind us.
Repeating the 1970s Lost Decade
Repeating the 1970s Lost Decade
Repeating the 1970s Lost Decade
Are we about to repeat the lost decade of the 1970's? Today’s stagflationary economy -- with high inflation and slow growth -- will look familiar to anybody who lived through the 1970’s. Not only the stagflation, but the social unrest, decaying cities and political polarization all feel eerily familiar to those who thought gas lines, bellbottoms, and Captain and Tennille were all behind us.