This Day in Labor History: January 4, 1977 - Lawyers, Guns & Money: "As late as the mid-1970s, liberals believed another era of left-leaning government was around the corner. When Ted Kennedy fought to kill Richard Nixon’s milquetoast national health care plan, it was under the assumption that something much better would come soon. While the recession and oil shocks that began in 1973 put a damper on this, liberals did not believe the fundamental equation of American politics had changed. "
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