The Ford and Carter Years

January 6, 2018 | Author: Anonymous | Category: Business, Economics
Share Embed Donate

Short Description

Download The Ford and Carter Years...


Chapter 24, section 2

 

Stagflation All of the Rights Revolution Movements.

 

After Nixon resigned, the people had little faith in the government. The economy was the worst it had been since the depression.

  

Ford promoted a mostly voluntary plan called (WIN) Whip Inflation Now WIN was a failure. Factories closed, consumers demands for products decreased, and unemployment rose steadily. Ford’s popularity plummeted.

  

Prided himself on being the “citizen’s president.” No ties to Washington D.C., he was a fresh face for the country. Unfortunately, he had no political ties to the Democratic leaders in Congress and they would not pass his bills due to his inexperience.

  

Fulfilled one of his campaign promises. Amnesty- political pardon. Many criticized the president for pardoning those who refused to fight in the war.

 

The price of gas in America was going up drastically and severally gas stations ran out of gas altogether. Carter asked Congress to raise taxes on crude oil to lower gas prices. The bill that ended up passing through Congress had little of the president’s ideas in it. It showed how weak Carter was as a leader.

 

Hires Paul Volcker to head the Federal Reserve Board. They raise interest rates to stop inflation and this is a policy that continues to work through the 80’s and end the economic crisis.

 

People are still migrating to the Sunbelt states. They left blue-collar work in the Northeast and sought work in the oil industry in Oklahoma. Even presidents were now coming from Western states.

Richard Nixon was the first candidate to recognize the “Spanish-speaking” vote.

Divorce rates go up tremendously and people start having babies out of wedlock.

People starting meditating, eating healthier, going for jogs, etc.

  

Televangelists. One out of Five Americans considered him or herself a Christian Fundamentalist by 1980. They hated the court ruling that made abortion legal and restricted prayer in schools.

View more...


Copyright � 2017 NANOPDF Inc.