LONG BEACH, CALIFORNIA -MAY 03: Vehicles line up for gasoline at service station during gas shortages, May 3, 1979 in Long Beach, California. (Photo by Getty Images/Bob Riha, Jr.) A weak dollar ...
Jimmy Carter, the longest living former president, whose term was marred by the Iran hostage crisis and rampant inflation but went on to build a humanitarian legacy that was recognized with a Nobel ...
Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down ...
The Democratic president led an ambitious agenda to replace New Deal guarantees of security and fairness with bogus models of "perfect competition." Jimmy Carter meets with cabinet members to discuss ...
One of his big concerns was to change the expectations, and hence the actions, of people who believed prices would continue to rise rapidly. “We are dealing with an inflationary momentum, and patterns ...
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