The US celebrated the end of a ‘long national nightmare’ as it turned 200. What about now? | Donald Trump
• The 1976 US bicentennial served as a cathartic event for a nation recovering from the "long national nightmare" of the Watergate scandal and political instability. • Despite the celebratory mood, the era was marked by a darkening economic outlook following the 1973 oil shock, which triggered inflation and unemployment. • Historian James Robenalt notes that while citizens felt positive about the political recovery, they remained deeply uncertain and unhappy regarding the economy.
theguardian.com