Quote:
Originally Posted by CliffFletcher
You’re still using 1980 as the date of transition, when 1973 was when broad economic growth slowed dramatically.
The whole narrative that the golden post-war egalitarian society was ruined by Reagan and Thatcher relies on ignoring the 70s and how dismal they were for most people. It was the failure of the post-war economic model to sustain broad prosperity that paved the way for Reagan and Thatcher to gain power, not the other way around.
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Alberta was booming throughout the 1970s. The money was flowing in from foreign sources e.g. Germany, and many people came out here to work. It was Pierre and the NEP that put a damper on that.