GroverCleveland
22nd & 24th POTUS; Predecessor to 45 and 47.
- Joined
- Nov 30, 2017
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The economy matters. Ask Clinton and Bush I. And Carter's economic policies gave us out of control inflation.
What did he (Carter) do as president that merits praise? It's a serious question. I remember mainly the economy and the Iran embassy fiasco. I will say the hostage rescue attempt would have been great if it succeeded.
Carter also gave us the grain embargo against the USSR, providing a significant boost to Brazilian wheat exports. He also gave us a Misery Index (unemployment + inflation) of over 21% and a Prime Rate of 21%.
Yep, on our production loans, the interest rate was 21%.