Economic Policy in the Carter Administration

By Anthony S. Campagna | Go to book overview

Chapter 1
The Economy in the Early 1970s

Political administrations do not begin with a fresh slate, free of what went before. That should be obvious enough, but it is still necessary to remind ourselves that the world does not start over with the advent of a new presidential administration, despite all the political rhetoric to the contrary. Whatever may be said of other areas of public affairs, in the economic sphere it is particularly evident that economic conditions do not conform to political cycles. It follows that any new administration must confront the economic realities it inherits whether it wants to or not, and if it is lucky, it may be able to embark on programs to change that reality; if it is unlucky, economic events may simply prevent the introduction of new approaches and the implementation of whatever innovative ideas the new administration brings with it.

Clearly then, it is necessary, even essential, to understand the economic world that the Carter administration inherited. We would then have some idea of what problems the new administration faced, and what, if anything, had been done about them by previous administrations. Only in this way can we begin to appreciate the economic program that the administration planned, and only in this way can we measure how successful it was in accomplishing what it set out to do. With full awareness of the barriers it faced at the outset, a better assessment of its successes and failures is at least possible, if not easy.

The purpose of this chapter is to provide, in summary form, the state of the economy when Carter took office. 1 After this background is in place, we can examine the economic measures proposed by both sides in the campaign of 1976 in chapter 2, and the economic plans of the Carter administration as they were amended in chapter 3.

-3-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Economic Policy in the Carter Administration
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 216

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.