Quote:
Originally Posted by OTM Al
No he didn't. He was in the right place at the right time. A change in Federal Reserve policy that shifted emphasis from stabilizing interest rates to stabilizing inflation had way more to do with that than any president or legislative member. Legislators can not act quickly enough to hit at causes of economic downturns. Their posturing comes well after the fact of the event and the beginnings of its correction.
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Nice spin. Maybe HE had help from the kgb, too
Being a young adult at the time, I can't help but think of carter's dismal speeches and overall outlook vs Reagan's positive outlook. Employers pick up on it, the populace did too. After he was elected the whole black cloud seemed to lift
And I voted for carter, btw.
Edit to add... By "employers" I should have mentioned the tone of the outlook here, locally. People here actually had hope, real hope, that things would get better. Business leaders were very optimistic at the time as was my then employer (Texas Instruments)