Success 1970's

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Throughout the 1970s, the ability of any one person to work hard enough to transcend social stratification in the United States became difficult due to various domestic challenges. The reality Americans begun to see during the ‘70s was bleak, this being contributed in great part to ecopolitical events. In the year 1974, a recession begun that has continued to affect the United States economy to this very day. Harold Meyerson, a writer and journalist for the Washington Post and The American Prospect in the article “The 40-Year Slump” notes “The middle-income jobs of the nation’s postwar boom years have disproportionately vanished. Low-wage jobs have disproportionately burgeoned. Employment has become less secure. Benefits have been cut. The dictionary definition of “layoff” has changed, from denoting a temporary severance from one’s job to denoting a permanent severance” (1). It is important to consider this point because it really lays the foundation of the 1970’s; one of little hope, and one shaken by what became known as the 1973-1975 Recession. This recession affected practically every person living in the U.S, and changed the perception of the workplace. Through low-economic growth and high inflation, the economic term “stagflation” came about, and negatively influenced the success of countless Americans. Alejandro Reuss, co-editor for the magazine Dollars & Sense in the article “That ‘70s Crises” asserts "The economy seemed trapped in the new nightmare of “stagflation,” so called because it combined low economic growth and high unemployment (“stagnation”) with high rates of inflation” (1). This is a valuable point to consider, as this term is still used to this day, and has affected all aspects of life for many Americans. Mic...

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...f doubt about the effect of education on a persons prosperity. The National Center for Education Statistics in the book 120 Years of American Education: A Statistical Portrait highlights that “...incomes for males of all education levels suffered during the rest of the decade, especially during 1974 and 1975. Between 1971 and 1981, incomes for males who had not finished high school fell by 16 percent. Incomes for males who had completed 4 years of college fell by 20 percent during the same period” (19). Looking at this statistics, it can be determined that through education level did have some positive effect on an individual's success, no one was spared from economic harm during this decade. In conclusion, the ability of any one person to work hard enough to transcend social stratification in the United States in the 1970s became a strenuous task for most Americans.

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