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1970s: A Story of Sun and Rust

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Jarod Roll

on 30 November 2016

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Transcript of 1970s: A Story of Sun and Rust

1970s: A Story of Sun and Rust

HIS 106
Dr. Roll
1968 a year of violence:
--January: TET offensive
--April: Martin Luther King, Jr., assassinated in Memphis
--widespread riots in protest
--June: Robert F. Kennedy assassinated in California
--Democratic National Convention in Chicago marred by protests and police violence
Nixon (R) and Wallace (I) run on 'law and order' campaigns, both accept basis of New Deal order; attempt to peel white Democratic voters away from Hubert Humphrey (LBJ did not run for re-election)
Civil Rights Act of 1968
Safe Streets Act of 1968
Sunbelt growth limited primarily to:
--eastern Virginia
--Carolina Piedmont (Triangle-Charlotte-Columbia)
--metro Atlanta
--Memphis
--Houston
--San Antonio
--Dallas-Ft. Worth
--Albuquerque
--Colorado Springs
--Phoenix/Tucson
--southern California (metro LA/San Diego)
Faulkner, speaking about the South, 1950s: "Our economy is no longer agriculture. Our economy is the federal government."
Sunbelt growth aided by
--Immigration Act of 1965: lifted quotas in place since 1924, allowed skilled workers entry; especially from Cold War allies in Europe, Asia, and Africa
--new educated workers for high-tech industry, computers
--also placed new restrictions on Latin American countries: created modern 'illegal immigration'--people still attracted by opportunity in America, but without legal status, forced into low-paying jobs not covered by federal/state labor protections (minimum wage, etc.)
Old industrial areas lose money, jobs, investment:
--Rust Belt: Milwaukee, St. Louis, Chicago, Ft. Wayne, Flint, Detroit, Toledo, Cleveland, Akron, Pittsburgh, Buffalo
Cold War trade policy:
--access for allies to US markets
--free flow of capital (IMF, World Bank)
--multinational corporations invest in developing economies, Asia and Europe
Nixon focused on foreign policy:
--Detente
--ending Vietnam War, 1971-75
--opening relations with China, 1972
--Strategic Arms Limitation Treaty (SALT), 1972
US abandons fixed exchange rates, 1971
--US dollar freely traded

1973: Yom Kippur War (Egypt/Syria invade Israel)
--Organization of Petroleum Exporting Countries (OPEC) embargo oil trading with US and Europe [Iraq, Kuwait, Iran, Saudi Arabia, Venezuela, Libya]

--Nixon resigned 1974 (Watergate)
--Gerald Ford (R) President, 1974-1976
--Jimmy Carter (D), Georgia elected in 1976
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