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The high inflation and poor economy flowed from in large part from the first oil crisis in 1973, and then the second one after the oil boycott following the emb
by JJMcJ 4y ago
The high inflation and poor economy flowed from in large part from the first oil crisis in 1973, and then the second one after the oil boycott following the embassy kidnapping and hostage crisis.
The first oil crisis had nothing to do with Carter at all.
The second oil crisis was in part started when Carter was strongarmed into admitting the deposed Shah into the USA for medical treatment, and definitely made worse when the Republicans secretly negotiated with Iran to give them goodies if they'd hold the hostages until Carter was defeated. They feared an "October Surprise" if release was obtained before the election.
You will note that the Swissair plane returning the hostages was released for takeoff the moment Reagan was sworn in.
Finally let's not forget he was mocked for calling himself a nuclear engineer, when that was exactly what he was in the Navy. Why Germany can have a Quantum Chemistry PhD as Chancellor, but any scientific training in for an American politician is regarded as a joke, is beyond me.