... his inflation, which cut the value of their hard-earned, fixed pensions by almost 50% in 4 years?
How did those seniors feel about having their lives destroyed by a "nice man"?
2007-10-12 00:38:41 · 5 answers · asked by junglejoe 2 in Politics & Government ➔ Politics
Actually, it was Nixon's price controls which were the problem. He inherited the inflation. Bad policy at the Fed worsened it. It was Volker who brought it to an end but the pill was very bitter at the time.
Fiscal policy has little impact on inflation. A President can add to the problem but cannot solve the problem.
2007-10-13 13:50:28 · answer #1 · answered by OPM 7 · 0⤊ 0⤋
He gave the U. S peanuts in that four years and when his term was up we made Peanut Butter out of him.Therefore He became a traitor to his country, preaching The New World Order Rhetoric,That's what got him that prize ,Just as Al Gore got his last night,for basically the same reason.In alot of countries you would go to jail ,in this country you get rewarded.
2007-10-12 07:52:59 · answer #2 · answered by Hillarys lovehandles 4 · 0⤊ 0⤋
Did you know that the most powerful submarine in the world today is the USS Jimmy Carter?
2007-10-12 08:05:57 · answer #3 · answered by Da Pho? 7 · 0⤊ 0⤋
Yes, that's exactly why he won. You are a keen observer.
2007-10-12 07:41:12 · answer #4 · answered by Anonymous · 1⤊ 0⤋
That's something he was hoping you wouldn't remember.
2007-10-12 07:54:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋