“My fellow Americans, our long national nightmare is over. Our Constitution works; our great Republic is a government of laws and not of men. … Let us restore the golden rule to our political process, and let brotherly love purge our hearts of suspicion and of hate.”
– Gerald R. Ford, “Remarks Upon Taking the Oath of Office as President”
Something happened to our nation in 1974. It was more than Watergate and the disgrace of President Nixon. Years later, Jimmy Carter famously called it “malaise” – a feeling of unease that is hard to pin down. As we discussed in People’s Economics it shows up as a turning point in the economy, too.
Primarily it’s been a crisis of spirit and identity. Who are we? What are we doing?
The natural end to this crisis may be at hand. Like an addict on a 43 year bender, rock bottom might come from the Watergate script pitched as a pointless remake. At first I wanted to call it Nixon on steroids, but this is Nixon on meth. How bad can it get?
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