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288

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You obviously did not live through the Carter administration and see first hand how things were much better under Reagan

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True. But I still stand by my claims that Reagan is a top level traitor controlled by the Bush crime family.

If he had been a conservative and made govefment smaller and stopped all foreign aid he could have been a hero

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There's room for a legitimate debate about whether Carter was a good President or not, but the financial issues of the time were created by the Fed like always. ((( Arthur F. Burns ))) was the chairman from 1970-78 (thanks Nixon), and he subscribed to the belief that the Fed should be managing unemployment though monetary policy. The 1970's were a period of easy money which drove inflation through the roof. When Volcker took over in 1978 he was smart enough to realize that the only way to end the crisis was massively high interest rates. None of this was Carter's doing.

Richard Nixon and Ronald Reagan fucked this country so badly that we're only just now barely beginning to understand the extent.

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the financial issues were resolved the moment he left office

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Uh, a recession started 6 months after Reagan took office and lasted for a year and a half. Unemployment almost got to 11%.

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