I recently enjoyed watching a reissue of the 1970’s classic ‘The Last Picture Show’ at Film Forum in NYC
At the time it was made America was still very much on the up (unless you were in Vietnam) with living standards still rising for the average citizen. You might not realize it if you watched this film, however. Set in a deadbeat, Texan, one-horse town, everyone seems to be struggling with some disappointment or failure or other.
Even the local cinema can’t make it and has to close.
Whereas at the time the film was seen as a nostalgic pining for old Hollywood and simpler times, now it seems like a hugely prescient comment on modern America and its depressed economy. The good times are gone and maybe they’re never coming back.