6 years (5) after the (((The Hart-Celler Immigration Act of 1965))). That many nonWhites flooding the US wouldn't hit immediately.
e: also these points; - an act voted into law in 1965 likely won't have any "use" for at least a year. - those any economic years are dictated by the calendar year prior. So '71 facts = '70 policy / changes / events etc. - (((Hart Cellar))) was effective from '68 onward
Which leads to; 65 - passed 66 - NA 67 - NA 68 - effective 69 - whatever job forms, welfare, immigration this that the other financial ruin starts 70 - the above hits the economy but 70's economic data is seen from '69 71 - 71s economic data is 70s etc.
I think I solved it. You're welcome. :) Hello.
you're better at writing things than me. You do it.
Well that's an easy one, 1971 is the beginning of the so called nixon shock https://en.wikipedia.org/wiki/Nixon_shock
>The Nixon shock was a series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold.[1]
>While Nixon's actions did not formally abolish the existing Bretton Woods system of international financial exchange, the suspension of one of its key components effectively rendered the Bretton Woods system inoperative. While Nixon publicly stated his intention to resume direct convertibility of the dollar after reforms to the Bretton Woods system had been implemented, all attempts at reform proved unsuccessful. By 1973, the Bretton Woods system was replaced de facto by the current regime based on freely floating fiat currencies.[2]
The "nixon shock" is a fancy way of saying full dollar debasement
So abolishing of Brenton Woods. kek e; Though I still think I'm more correct on (((Hart Celler))) being the cause.
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