1966-1978 By LoganDion Feb 9, 1966 1966 Bear Market Crash http://traderhq.com/illustrated-history-every-s-p-500-bear-market/ Aug 3, 1967 Johnson imposes a temporary 10 percent income tax surcharge http://elcoushistory.tripod.com/economics1960.html Jan 8, 1969 Nixon trims federal spending http://elcoushistory.tripod.com/economics1960.html Jan 12, 1970 U.S. gas prices to go from 35 cents a gallon http://elcoushistory.tripod.com/economics1970.html Aug 15, 1971 Nixon breaks the last link to gold http://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp Nov 20, 1973 Oil Crisis Recession http://www.investopedia.com/articles/economics/08/past-recessions.asp Nov 12, 1974 Coal Strike http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm Mar 16, 1975 The oil crisis recession ends http://www.investopedia.com/articles/economics/08/past-recessions.asp Jan 1, 1978 U.S. minimum wage increased to $2.65 per hour http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm Dec 19, 1978 Federal funds rate raised to 10 percent http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm