Earlier quoted context omitted.
Carter appointee Paul Volcker controlled interest rates at the Federal Reserve from 1979 until 1987. https://en.wikipedia.org/wiki/Paul_Volcker
Rates peaked in 1982.
Jimmy Carter has died
171–180 of 879 posts
Re: Jimmy Carter has died
#172I wasn’t alive for Carter’s presidency, so can someone explain how his handling of the hostages in Iran was positive at all for the United States? To me as an American even this many years later and as a young person who didn’t see it, ending your presidency while another nation holds your citizens seems extremely embarrassing. And all I see is extreme praise of the man. I’d honestly like to see some discussion here.
Re: Jimmy Carter has died
#173One could argue he set the stage for the 1980s economic boom by making short term sacrifices that cost him re-election. It was his administration that did market-oriented deregulation around airlines and trucking industries (meaning you didn't need to have a licence to ship goods across state lines and go through monopoly trucking companies to get your goods to market) as well as appointed Paul Volcker as Fed chair w…
As Reagan's first Executive Order, he repealed all oil and gas allocation and price controls. The chronic gas lines disappeared literally overnight, and never came back. I remember that day well.
Re: Jimmy Carter has died
#174Earlier quoted context omitted.
For these reasons, Jimmy Carter is my third-favorite president of the 20th century, behind my favorite, Calvin Coolidge, and my second-favorite, Dwight Eisenhower. I am a very big fan of Paul Volcker and I’m glad Jimmy Carter nominated him as chair of the Fed. I wish Reagan kept Volcker as chair during Reagan’s second term.
FDR doesn't make the cut?
My list would be: 1. FDR, 2. Carter, 3. Teddy. Carter because he sacrificed his career to fix inflation (Republican attempts to rewrite history notwithstanding), and Teddy because he wasn't merely an excellent man with excellent politics, but also because whenever present-day Republicans try to claim the man without claiming his politics I can turn it into a teachable moment, and putting him on a list with the other two is the perfect bait.
Re: Jimmy Carter has died
#175Earlier quoted context omitted.
What's frustrating is that a few years ago a recession was predicted, and we avoided that. But no one seems to have even mentioned it during the election. Am I just misremembering this? At least in the tech sector, lots of layoffs seemed to be attributed to the coming downturn.
> But no one seems to have even mentioned it during the election That’s because most Americans believe we were in a recession. https://www.theguardian.com/us-news/article/2024/may/22/poll...
Re: Jimmy Carter has died
#176Looking back, to me he was a much better president then people believed in the 80s. I believe if he got re-elected in 1980, the US would be in a much better place. One thing, it could be argued real work on Climate Change would have begun in 1981 as opposed to where we are now, which is just watching the average probably blowing past 3C in around 70 years from now. For his loss in 1980, I still blame Kennedy. RIP, he…
This would have been the case with Gore (2000) and Clinton (2016) too.
Re: Jimmy Carter has died
#177Earlier quoted context omitted.
Terrible. He should have resigned, but was too proud to. But also, you know, this isn't a left/right issue. It's mostly one of power. There's a republican member of congress right now that's in a retirement home and hasn't been in congress since July. https://www.nytimes.com/2024/12/23/us/politics/kay-granger-c...
Politicians should realize that staying in too long will harm their own party. RBG got replaced with a conservative, Biden sank the Democratic ticket, Kay Granger hasn't been present to vote with her fellow Republicans, ... This should absolutely be a bipartisan issue.
Re: Jimmy Carter has died
#178Earlier quoted context omitted.
> He sure seemed like a legitimately good man. And I think this is where politics around the world has gone wrong. A decade or two ago I would genuinely have been happy for the leader of a country, or mayor or whatever elected leader to date my sister or to watch my kids or something like that. These days it feels like the most narcissistic a-holes get voted in. I wouldn't trust these people with my dog, and basicall…
Yesterday I watched an episode of a tv-show here in Norway ("A-laget") where people with severe autism, downs and similar interviews famous people. This episode was them interviewing our prime minister. And he was honestly so sweet, even when they asked questions with no filters. He also visited a ski-podcast I listen to, and there as well he came across as a very likeable guy. I don't vote for him, but I honestly th…
Re: Jimmy Carter has died
#179Looking back, to me he was a much better president then people believed in the 80s. I believe if he got re-elected in 1980, the US would be in a much better place. One thing, it could be argued real work on Climate Change would have begun in 1981 as opposed to where we are now, which is just watching the average probably blowing past 3C in around 70 years from now. For his loss in 1980, I still blame Kennedy. RIP, he…
For his electoral loss it’s just that Carter was never interested in the political manoeuvring. He was never going to have a good chance.
Re: Jimmy Carter has died
#180Earlier quoted context omitted.
I’m really worried that we just elected a president who clearly fixates on short term gains rather than long term planning. Biden did not mess that up, even if he is a one term president like Carter. It is nice to have adults in control, even if that is increasingly politically untenable.
When you compare Carter with the guy who's going to take office next month it shows how far we've fallen as a country. The previous era was already passing since about 2016, but with the death of Carter it seems like that era has died with him and it just feels very depressing.
Said another way, I think a young Jimmy Carter type candidate would have wiped the floor with either side this election.