EasternVol
Well-Known Member
- Joined
- Nov 18, 2021
- Messages
- 7,793
- Likes
- 6,022
Deregulation was good for the economy and us consumers. Stagflation was an inherited problem that didn't taper off during his term. He wasn’t unique in not solving it.Managing the economy and standing up to the Soviets were problems he wasn’t prepared to address. Interest rates, unemployment, and inflation in the late 70s make anything today seem like nothing burgers.
But he didn’t cause the oil producers to create chaos. He didn’t cause the Iranian religious zealots to take power and seize US hostages. But he did get Sadat and Begin to work things out.
How did he not stand up to the Soviets? As I recall he was pretty hawkish on them.