I have to admit, I wasn’t even an itch in my daddy’s pants in 1970 so you’ll have to excuse me if I don’t recall who was President then and what party he was. I say HE only because I assume it was a he. And the white part goes without saying too. 
Prices for new houses nationwide fell last month by their largest margin since 1970, when the nation was in a recession, providing more gloomy news for the struggling building industry and the jittery economy.