[fuzzfactor]

After Nixon was done some boomers were more damaged than scared, others the reverse.

Lots were scared and damaged by the immediate situation, but others had also traditionally inherited both feelings which were passed down by their grandparents to their parents to them over the 70 years leading up to Nixon.

Uncautious boomers who were caught by surprise by the finality of the 1970's were the most unprepared for increasing opportunities to no longer be generally available to themselves or future generations.

There was widespread superstition that this can't really be happening in the USA and that is an element of the boomer groupthink that still colors their understanding of more recent generations.

For boomers whose parents had the opportunity and successfully used it to achieve financial prosperity from scratch without the benefit of any family resources beforehand, it was very common for their grandparents to still be existing on the same type of survival rations that got them through the Great Depression, even while the boomers themselves were growing up in a priveleged community.

Yes, that's the last generation to be able to arrive that much better off than their grandparents, but it's not their fault.