Key Events and Policies in the 1970s
Sources of Stagnation
The U.S. economy stagnated in the 1970s after robust growth in the 1950s and 1960s.
Causes included:
Increased labor force participation from women and teens, leading to lower wage growth.
Deteriorating machinery and restrictive U.S. regulations.
Inflation, exacerbated by government spending (Vietnam War, Great Society).
Competition from Japan and Germany in key industries.
Nixon “Vietnamizes” the War
Richard Nixon's "Vietnamization" policy aimed to withdraw U.S. troops (540,000) and transfer war responsibilities to South Vietnam.
He appealed to the "Silent Majority" who supported the war.
The My Lai Massacre highlighted the war's brutal realities.
Cambodianizing the Vietnam War
Nixon ordered U.S. troops into Cambodia to disrupt North Vietnamese supply lines.
Triggered protests, notably at Kent State University.
The 26th Amendment lowered voting age to 18.
Nixon’s Détente with China and USSR
Détente aimed to ease tensions with China and the Soviet Union.
Key events included:
Kissinger's visit to China.
Nixon's visit to Moscow, resulting in trade agreements.
ABM Treaty and SALT negotiations.
A New Team on the Supreme Bench
Earl Warren's controversial decisions included:
Griswold v. Connecticut: right to privacy.
Gideon v. Wainwright: legal counsel for all.
Roe v. Wade: legalization of abortion.
Nixon appointed Warren E. Burger as Chief Justice, leading to significant court composition changes.
Nixon on the Home Front
Expanded Great Society programs including Medicare and Medicaid.
Introduced the EPA and OSHA.
Implemented wage controls and ended the gold standard.
The Nixon Landslide of 1972
Nixon won against George McGovern in a landslide election.
Ordered heavy bombing of North Vietnam during the campaign.
Cease-fire agreement reached January 23, 1973.
The Secret Bombing of Cambodia
Secret bombings in Cambodia raised public distrust.
War Powers Act was enacted to limit presidential military authority.
The Arab Oil Embargo and Energy Crisis
U.S. support for Israel led to an oil embargo from Arab nations, causing a fuel crisis.
OPEC raised oil prices significantly after lifting the embargo.
Watergate and the Unmaking of a President
Watergate scandal involved a break-in and cover-up by Nixon's administration.
Led to Nixon's resignation on August 8, 1974.
The First Unelected President
Gerald Ford became the first unelected president and controversially pardoned Nixon.
Defeat in Vietnam
U.S. withdrew as South Vietnam fell to communists in April 1975.
Feminist Victories and Defeats
Feminist movement gained momentum; Title IX and Roe v. Wade were key achievements.
Equal Rights Amendment (ERA) faced fierce opposition, failing to achieve ratification.
The Bicentennial Campaign and the Carter Victory
Jimmy Carter won the presidency in 1976, pledging honesty and reform.
Carter’s Humanitarian Diplomacy
Promoted human rights; brokered Camp David Accords between Egypt and Israel.
Economic and Energy Woes
Inflation reached 13% by 1979; dependence on foreign oil became a critical issue.
Foreign Affairs and the Iranian Imbroglio
1979 Iranian hostage crisis severely impacted Carter's presidency.
Additionally, U.S.-Soviet relations deteriorated after Soviet invasion of Afghanistan.