Oh my, what did I just say...
Well, you were showing the inflation index, and I remember the one thing that could have stopped that — and when President Nixon *shocked the world* by taking the U.S. off the Gold Standard...
http://en.wikipedia.org/wiki/Nixon_Shock
I remember being *absolutely shocked* at the time, and I knew we were *in trouble* from then on, as a result of that. And sure enough, we were..., as you can see from the resulting inflation...
You also had those “Islamic terrorists” back then, (those Arab countries) who tried to “muscle” the United States by cutting off oil to the country. They also contributed to the future problems...
http://en.wikipedia.org/wiki/1967_Oil_Embargo
http://en.wikipedia.org/wiki/1973_oil_crisis
And then you had the huge run-up in costs from Johnson running the Vietnam War — and — social programs — “Guns and Butter” — as it was called back then. That contributed to the future problems, too...
http://www.washingtonpost.com/wp-dyn/content/article/2005/09/21/AR2005092102504.html
[don’t know who this is, but it’s just for documenting the “guns and butter” policy which did exist back then...]
You can look at all those things for the high inflation rates that inevitably came “down the road”. The economy is a large entity for which “inputs” work its way through the system over years and it finally shows up, sooner or later...
Speed limit put in its proper context - made to save GAS, not LIVES. No matter how the Safety NAZIs try to color it.