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36 sats \ 0 replies \ @Bell_curve 2 Feb \ parent \ on: Given the chance would we do as the Boomers did? econ
Because of high inflation, housing prices did increase by 4 or 5x between 1966 and 1983.
The stock market started gaining momentum in 1983.
Inflation was under control by mid 1983.
GDP grew by almost 7 percent in 1984.
Reagan won 49 states.
Morning again in America
update:
In 1970, the foreign born population was only 5 percent. 1965 Immigration Act was still new and illegal immigration was much much lower than today (hopefully this will change too).