Quote:
Originally Posted by Chung Tran
at the risk of having to tweak a few of your statements...
not every high schooler got skimmed from the job market.. Donald Trump, Dick Cheney, George W. Bush and other famous Republicans were nursing severe disabilities that prevented them from fighting.. they managed to obtain high-paying jobs right away.. guess it's who you know, huh?
also, inflation was NOT high in 1970.. it became high in late 1973 AFTER the oil embargo.. the economy was in ruins in 1974, that's why Veterans could not get jobs. the high gas prices could occur again, and spiral the economy off course, Trump be damned.. remember when he bragged back in December, that oil was "$43 a barrel"? it is well over $60 today.. totally out of Trump's control.. just saying.. unemployment is very low, we are basically at full employment. but you didn't need to skew facts to make your case.
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Sorry. Thanks for those corrections. It was a Looong time ago for me.
Graduating in 1969, I too escaped the draft with a college deferment till 1973 when I became 1-A again . . .but we were pulling out. Setting aside my errors on the economy though, the effect of the draft and an ecomomy at war while in a peace time mode did make for a lower rate of unemployment.
The point I was groping for is that back then, a lot of first time employees went into the Army, and so cullig a significant number of potential employees from the workforce . . .while today, we have low unemployment with no draft.
I still think it is valid to say that today's economy, as reflected in the unemployment figures, is stronger than back in 1970.
