I dunno, let’s see...
The Watergate break-in occurred in June of 1972; Nixon was re-elected in November of that year, and started his second term in January 1973. He resigned in August 1974.
I don’t recall anyone making the argument “What difference does it make now” as the scandal heated up in the spring of 1973, even though Nixon had been re-elected six months earlier.
Well, Hillary just used that line and the press didn't say much.
Also in 1973 came the first arab oil embargo. What’s happening now is the inverse of that first oil shock..........
US shale energy creates global oil ‘supply shock’
Booming oil production in North America brought on by the shale energy revolution has created a global “supply shock” that is reshaping the industry, the International Energy Agency said on Tuesday.
http://www.telegraph.co.uk/finance/newsbysector/energy/10055785/US-shale-energy-creates-global-oil-supply-shock.html