DC Econ: Let's Party Like it's 1973!

Would you take the deal and go back to 1973 if it meant you could pay 1973 prices while only enjoying 1973 goods and services? No, because although prices were way less cheaper, people also made way less and the products were of much lower quality. I would stay right here.
Why might the poorest Americans prefer living in 1973. Do you think many would? Why or why not? I think the poor might prefer living in 1973 because all they do is look at how cheap everything was back then. I do think many would, but then they would regret it because they would miss all the amazing things that they have hear and now and would actually have much less if they went back to 1973.
What are some examples of improvements to quality of life that haven’t been measured well by prices alone? We have phones now, we have better technology and video games. People make on average a lot more now than in 1973. We can buy a lot more for less now because technology for producing goods has gotten a lot better.
Are there any goods or services where you think quality has gone down, the opposite effect discussed in the video? Do you think this problem is common or rare? I think that probably the quality of food has gone down because now food can be made artificially and although it is cheaper and tastes better, it is much worse for us. I think this is rare.
Do you think people in the past were more or less happy than people today? Would most people in 1973 be excited or sad to live in today’s world with today’s goods and services? I think people were equally happy. Happiness is a choice. You can be grateful and content in what God has given you, or you can be grumpy and always strive for more. I think people from 1973 would be very excited to live in today's world with today's goods and services.