Maybe the early 1970s were the dry run for today ?
I sort of think that the 70s were intended to be a decade of decline for us. The Soviet Union was thought by many to be in ascendance. We had Jimmy Carter, and we just needed to follow him with Mondale and our fate would be sealed. But we got Reagan.
They tried again after 9/11. Bush was in place, being a fool. He was followed by 2 terms of Obama which did great damage. They just needed to follow up with Hillary, and our fate would be sealed. But we got Trump.
Two terms of Trump would have given us too much recovery. So they forced Biden into office with massive cheating, and now they are wasting no time at all finishing the task they started about 50 years ago.
I don’t remember a shortage in the 70s, and my kids back then would have needed it. I could be wrong. I do remember a beef shortage, gas shortage and pampers?