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It’s a hopefully sentiment, but probably too early to be sure. Cycles in history or economics may well exist, and people have suggested ones that are from a few months to several centuries long, but one has to be careful not to cheery pick the data too. America had terrible depressions in many other years besides 1857 and 1929 (though to be fair these were often on a 20 year cycle until the federal government took more control of the economy). And the parameters change! Life expectancy has more than doubled since the American Revolution, so presumably the average age of people active in government and economic affairs has also gone up.

That said, I do notice with many of my college students (often in their 20s and 30s) that they want to study environmental science. They know and understand what is happening to the earth. Also when I’m substitute teaching in junior or senior high schools the kids just don’t care about each other’s races or religions. And they are so connected to the world and can see (if not always completely grasp) other cultures. Such things give me hope and on that basis you may well be right. Like the shift from Eisenhower to Kennedy, the current generation of older people won’t stay in power that much longer and more open minded people may gain power.

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