Yes, the 70's and early 80'S were worse (everone forgets how bad 80 - 83 were, fashions not withstanding. However, the rate of change to the worse now, misery index, interest rates + unemployment is frightening. It could get worse very soon...... Time will tell.We had Reagan then, now we have what? a mini Stalin?
Only thing "bad" in the 80's was interest rates shot up for a couple years, that's about all. Otherwise, those were good years. Excellent years in fact.