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A Time of Economic and political Malaise.docx

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Jimmy Carter Wins the Election by a narrow margin...

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Jimmy Carter Wins the Election by a narrow margin...

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Carter appealed to voters by promising he wouldn't lie to them. But neither him or Ford generated much excitement from the American people. Very few people voted, and just voted for one of the other.

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Jimmy Carter, "Crisis of Confidence" speech, July 15, 1979 

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Jimmy Carter, "Crisis of Confidence" speech, July 15, 1979 

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(0:00-1:29) To try to raise his approval rating, Jimmy Carter planned to speak to the nation about inflation but changed his mind. Carter addressed what he called a threat to American Democracy: consumerism. His speech backfired, "There's nothing wrong with the American people," said newspaper editorials. "Maybe the problem's in the White House, maybe we need new leadership to guide us."

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Carter on Crisis of Confidence - HISTORY.com Audio

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On July 15, 1979, with gasoline prices skyrocketing, President Jimmy Carter delivers his fifth speech on the energy crisis since taking office. He seeks to make an impact by focusing not just on the energy problem but also on the

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"I enlist as an Inflation Fighter and Energy Saver for the duration. I will do the very best I can for America." 

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"I enlist as an Inflation Fighter and Energy Saver for the duration. I will do the very best I can for America." 

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This contract was issued by WIN, Whip Inflation Now, a crusade started by President Gerard Ford to beat down rising prices.

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The National Energy Act offered tax credits, which reduces the amount of taxes one has to pay This lead to many people switching to solar energy.

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OPEC made matter worse. It formed in 1960, OPEC is an oil sales for their national income. In it's early years, OPEC priced oil at $2 to $3 dollars per barrel. It would later be risen to $12 dollars per barrel.

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"Inflation, our public enemy number one, will, unless whipped, destroy our country, our homes, our liberties, our property, and finally our national pride, as surely as any well-armed wartime enemy."
-President Gerald Ford (1974)