HIST 2112 Brought on a new suspicion of the government Loss of Vietnam is still in everyone s minds o Felt the government was lying to them o Lack of faith in government Still haven t recovered Watergate Scandal o 1973 1974 o Nixon was a suspicious man o Try to steal documents and plant listening devices in Democratic party s offices o Faith in government never recovered Hippies o Conservatives are mortified of them o Hated the freedom they had Didn t conform o Liberals were turned off as well End of prosperity o Domestic goal of liberalism is economic growth o Liberalism and affluence goes together o If affluence disappears you are in trouble o Why are we in an economic struggle We are dealing globally Japanese cars are on the road Cheaper Better made o Inflation Starts with Johnson o Guns or butter issue Idea of economists As a nation you could spend your money on A war Social issues But not both LBJ spent it on both Spent 300 000 per Vietcong killed o Oil Crisis of 1973 Getting 10 of our oil from overseas Becoming dependent on foreign oil Israel goes to war Egypt and Syria We had to cut it off for our support of Israel Gas panic nation wide Oil prices quadruple Modern day 200 a gallon Really hurt because wages couldn t keep up with inflation Reagan lowers taxes to 28 Goldwater believes in states rights o Ran against LBJ o The only reason he won the deep south o Says he will get the federal government off his back o LBJ signed the Civil Rights Act as a southerner Southerners felt he was stabbing them in the back Nixon also said he would get government off their backs Bussing o Mixing black people in white schools and white people in black schools
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