In 1962 we weren't coming out of a bubble, the major global economies weren't all in the crapper, or interconnected, not to mention the geopolitical picture of today. Plus in 1962 we didn't have the DEBT we have today by any level of the imagination. Two different worlds.
"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis
"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin