You skip the rise of leveraged buyouts, the end of lifetime employment, the end of defined-benefit pensions, layoffs from profitable corporations, rising compet

You skip the rise of leveraged buyouts, the end of lifetime employment, the end of defined-benefit pensions, layoffs from profitable corporations, rising competition from newly competitive Japan (and then Korea), and the whole 80s vibe. There really was a sea change in American employment culture from the 70s into the 80s. Just imagine that GM used to issue 35 year bonds!