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Remembering 1973. For some reason


 Welcome back to 1973, the year of the Yom Kippur War, an oil shock, inflation, and a very consequential Congressional hearing on a power grab from the White House. 

The United States had no "boots on the ground" but was very much aligned with one of the sides in this war. The OTHER side had lots of petroleum for export. 

The result? An oil shock in the U.S., bad both for motorists and for the broader economy. 

Meanwhile, Senator Sam Ervin was chairing hearings of the "Select Committee to Investigate Campaign Practices."  

Clearly, those were strange times. 

Comments

  1. Paul D. Van PeltJune 14, 2022 at 8:25 AM

    Well. Remembering strange times could be useful. If only there were a will and way to avoid our most egregious and harmful mistakes, or, as Dennett has suggested, learn from them. There appears to be no appropriate context within which to do so. I guess we are beaten then.

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