Previously published as a subscriber article on 2012-10-02
It was a better time, a simpler time, a time when people knew where they stood. The family unit was just that, the modern family set in mid-west America, mom, dad, the kids, dog, two cars in the garage and one job paid for all of it. Mom stayed home to take care of the kids and dad went out to take on the world in his traditional role, with all family members comfortable in their lives, fulfilling instincts that by nature extend back to our very origins. So it was 'happy days', as pictured in the 70's sitcom, with Richie, his family and friends, and The Fonz enjoying everyday life in the 50's, seemingly oblivious to the stresses and strains we live with today, essentially enjoying the American Dream. Because like no other time in history America was enjoying the fruits of its labor, having just won a global war, becoming the world's predominant 'superpower', with reserve currency status at center.