Heightened Political Anxiety Dec. 1980
During the fall of 1980, I had resumed my second year of doctoral studies in political science at the University of Alberta. It was my second autumn in Alberta. As earlier excerpts indicated, there was a considerable amount of anxiety in the political realm. Joe Clark's government had been defeated at the polls in February 1980. Pierre Elliott Trudeau returned with a renewed majority.
Of course, the setting was post-National Energy Program, and Lougheed's cabinet had gone across the province soliciting feedback on their performance. This intelligence was put to good use as the Alberta government was feeling financially flush with oil royalties and general tax revenue. But Canadian and Alberta consumers were squeezed financially with sky-high short-term interest rates over 20 per c...
