Back to category: History Limited version - please login or register to view the entire paper. President Carter James Earl Carter Jr., or Jimmy Carter was a democrat elected president of the United States in 1977. His term lasted until 1981. He was a good president in my opinion. He did many good things during his time as president. There were high expectations for Carter. Inflation and interest rates were at a near record high, and a short recession was caused by efforts to reduce them. Carter asked businesses to avoid big price increases and labor leaders to hold down wage demands to fight inflation. Unfortunately this had little effect on it. A national energy program was another attempt to fight inflation. It was created to reduce United States oil imports. The legislation included tax penalties for owners of automobiles that used excessive amounts of gasoline. Despite this legislation, oil imports remained high and inflation grew w... Posted by: Ryan Wilkins Limited version - please login or register to view the entire paper. |
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