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As for the Seventies, I don't think they really began psychologically until the resignation of Nixon. And I think they ended, psychologically, with the release of the Iranian hostages. Even more than the inauguration of Reagan -- which happened on the same day -- when the hostages were released it felt like the curtain on that particular act had come down, even though we now know it was really just the end of a prologue.
I think it's common to define eras by the memories of people looking back on how the world looked to them as kids -- but I think the flaw in that is a focus on superficialities like style and popular music, or on how the world looked in just their own particular bubble of it. Sometimes this is useful, but I think we learn more by looking at what was driving the adults of any particular period.
Thank God that curtain came down too. :doh: Gas lines, energy crisis, lousy hippie music, ugly clothes, ugly appliances, ugly carpet---well just a completely tacky time. It was disgusting.