The Glade 4.0

So the 70's were a period of stable growth?

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"...but there exists also in the human heart a depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom." - De Tocqueville

The 50s and 60s were.

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The U. S. Constitution doesn't guarantee happiness, only the pursuit of it. You have to catch up with it yourself. B. Franklin

"A mind needs books like a sword needs a whetstone." -- Tyrion Lannister, A Game of Thrones

Hmm i expected to see yes or no as a response.

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A man who has nothing for which he is willing to fight, nothing which is more important than his own personal safety, is a miserable creature and has no chance of being free unless made and kept so by the exertions of better men than himself. ~ John Stuart Mill

Nixon's devaluation of the dollar (twice), combined with the manipulation of the market by the precursors of the greed is good disciples of the 80s, made the economy much more volatile and inflationary in the 70s. It wasn't the marginal tax burden and the loopholes that caused those fluctuations.

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The U. S. Constitution doesn't guarantee happiness, only the pursuit of it. You have to catch up with it yourself. B. Franklin

"A mind needs books like a sword needs a whetstone." -- Tyrion Lannister, A Game of Thrones

Correlation /= causation

The US economy expanded in the Post-war years despite a "monster" tax burden, not because of it. The United States economic growth was so great during this period because not because of high marginal tax rates, but because it was really the only player on the global marketplace. Western Europe, Great Britain and Japan were devastated during the war and were struggling to recover; the Soviet Union, Eastern Europe and China were basically non-entities in global trade.
In the US, low-paying jobs (farmwork) were being traded for higher paying jobs such as manufacturing in urban areas, and our consumer-based economy took off by feeding itself.
History has actually proven that economic freedom provides growth, not Gov't control.

For Example: Hong Kong

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"Dress cops up as soldiers, give them military equipment, train them in military tactics, tell them they’re fighting a ‘war,’ and the consequences are predictable." —Radley Balko