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Political Discussion
Reply to "President Jimmy Carter has terminal cancer"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He was an incompetent fool that destroyed our economy. Best news I've heard all day.[/quote] First of all, he did not destroy the economy. What destroyed the economy was the increase in fuel prices from 1973 - 1999. Gas went from 30 cents per gallon to 70 cents per gallon between 73 and 77. That caused a deep recision and inflationary spiral. The economy was also suffering from defense cuts at the end of the Vietnam war: people coming home from the war coupled with reduced military procurement. That plus oil killed the economy. The only real issue I have with carter was he micromanaged the country. And he was not forceful enough with Iran at the hostage crisis. (which pushed gas from 70 cents to over a dollar). The economy rebounded under Reagan only because of loosening of credit and deficit spending. Oh, and those policies led to the 2008 crash.[/quote] So gas prices magically happened? Interesting.[/quote] Gas prices were the result of things that the POTUS could not control. Basically, OPEC wanted more money, and restricted production to inflate the price of oil. Our only option was to go to war.[/quote] Don't waste your breath trying to argue with a fool. I am always astounded by how people think that the President of our country controls everything. No other forces at work at all...delusional.[/quote]
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