Like said above"Who gives a [censored]".Good luck,
STRIKE ZONE

All I know is Carter made my candy bar go up in price and it pissed me off when I was a youngster.

I'd like one too since that was a bit confusing.

In my mind he gave the Fed carte blanche to the market with the creation of the Working Group on Financial Markets in response to the 87' crash. Big mistake.

I remember Reaganomics, it turned out it was simply reverse Robin Hood.

Why not Nancy?

Mf

Why not Lyndon LaRouche?

Fish on...

Todd

KK,
No citation. I will pull back on my assertion that he reigned in the federal reserve. I was quite young in 1982, and what I remember was the 20% interest bankrupting my father and practically the whole country. My feeling is that he put pressure on the feds to back down on this policy. Under Carter, the federal reserve seemed to do what ever they wanted, and as a result we ended up with the recession of 1982. Could be wrong though, but that was my impression.

Do you really believe that the high interest rates helped our country? It is my opinion that the inflationary pressures were coming from other places then expansion, such as the energy crisis, and that the increase in the interest rates did not work as they should have. As the rates went up, so did inflation. Eventually they just bankrupted so many people that the economy collapsed into a recession. The analysis I remember from college was that the policy was a complete failure. Agian, I was quite young, so I will acknowledge I have no great grasp of this time period.

Krijack - look up "Stagflation" and you'll see what the purpose of the high interest rates was. Also, the high interest rates didn't bankrupt near as many people as you might think... and it was NOT the cause of that recession.

Carter was blamed for paying off the cost of Vietnam. He got stuck with not just that massive war debt and the economic clusterf*ck left over from Nixon & Ford... That and he was a weenie that gave away The Panama Canal.
It always sucks being the guy that has to clean up the morning after.

He was much less to blame as Bush I was to blame for that schitheap he inherited from Reagan, since Bush I was in on the whole thing from the word go.

In hindsight, I'd take 1000 Carters over a single term of Dubya.

My old man had a small independent business and Reagan's economic policies almost put us on the street. That was when my mom had to find a job and me and my brothers became latchkey kids.