20 Century US Decade Evaluton from Quick Notes

Decade Grade	Terrible Events	Bad Events	Not Good Events	Rest of the Story
1930-39 1A	Great Depression Dust Bowl			Keynes wins battle with classical economists or did he?
1940-49 1B	War II⁴		Cold War⁵	Marshal Plan rebuilds Europe helping U.S economy. Truman Doctrine hopes to contain fears about communism.
1910-19 3A	WW I⁴ Flu Pandemic and Measles³		Labor Unrest Red Scare	Progressive Era continues as US slowly accepts social responsibilities including hookworm parasite elimination which increases southern worker and school productivity.
1960-69 3B	Vietnam War 4 Assassinations Social Unrest	Cold War⁴		War and Segregation Turmoil dominate the decade.
1950-59 5	Korean War⁴ Asian Flu Polio Epidemic	Cold War⁵ Race Turmoil	2 Small Recessions Red Scare	Economic Expansion grows middle class.
2000-09 6		Two Small Wars⁴ Recession	Terrorism	Two tax cuts and Medicare D expand debt.
1900-09 7A		Social Unrest Sever Recession	Yellow³ Fever Epidemic	Progressivism begins a movement away from Oligopoly Power toward Social Responsibility. Yellow Fever ends in US³
1970-79 7B	Stagflation		Watergate 2 Oil Crises Iran Hostages	Elderly hurt by inflation and inadequate safety net.
1980-89 8		A Sever Recession AIDS³		Ronald Reagan cuts taxes, deregulation era begins, middle class wages stagnate, home equity loans replace home improvement loans, debt explodes
1990-99 9	AIDS³			Flat world free trade continues middle class plight.
1920-29 10			Small Post WW I Recession	Economy expands as Wall Street and business rebuild Europe.
2010-04 ?				Great Recession ends quickly as government prints what could be money, Health Care Expands, Many Already With Government Subsidized Health Insurance² abhor the changes.
Send Suggestions to antonw@ix.netcom.com footnotes on page 2

¹The devastating affects of war on the human condition make it the most terrible event. The devastating affects of unemployment on the human condition make it the second most terrible event. prepared by Walter Antoniotti

²Company paid tax free health insurance,
Medicare over budget, Veterans Health Care,
Medicaid, Hospital must help uninsured with
cost paid by society.

³Health Problems
1902 Scarlet Fever deaths peak at close to 5,000 and slowly drop thanks to penicillin.
1905 Last Yellow Fever epidemic killed 20 in US as misquote control eliminated cause, vaccine follows in 1936.
1916 Measles 12,000 mostly children died, vaccines finally eliminates most cases by early 1980's.
1918 Spanish Flew 500,000 died in US. This could have been the cause of the recession following WW 1.
1921 Diphtheria 206,000 cases, 15,520 mostly children died.
1953 Polio strikes 57,628 with 21,000 paralyzed, vaccine followed but took a while now gone from US.
1957-58 Asian Flew 70,000 died in US.
1968-69 Hong Kong Flew 34.000 died in US.
1985-95+ AIDS killed ten-twenty thousand per year. Annual deaths peaked at 41,699 in mid 1990's and then
                 quickly drops due to super drug development and availability. Total deaths! 658,507
                 1960's Measles, Mumps, and Rubella &1995 Chicken Pox vaccines made childhood safer and more
                 enjoyable as did seat belts, infant safety seats, bicycle safety helmets, and other child safety requirements.