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The presidency of Jimmy Carter would not be an easy one and the economic events leading up to his election would affect his term in office. In the eyes of millions of Americans in the 1970s the country was in a downward spiral. Inflation had begun at the end of the 1960s; majority of Americans could not afford homes. Americans were buying foreign made goods versus American made creating a deficit for the first since the nineteenth century. Americans may have seen the country as a fallen nation, but from the eyes of the world, America was a prosperous country during the 1970s. The trouble for the country started during the Nixon administration. A president covered in scandal, lies, CIA involvement, and self-interest led the American people to see the leaders they put in office in a new light. Although inflation for the country started with President Lyndon Johnson and the expensive Vietnam War, Nixon only made it worse. “Nixon had made the problem worse by refusing to make unpopular budget cuts and by not pushing for a tight monetary policy that would have slowed down the economy and, thereby, reduce price and wage increases.” (Farber, 21) The American people were discovering the many masks of their chosen leaders. The Vietnam War left many Americans for the first time with the taste of defeat; something that was not easy to swallow. “The combine forces of the “Vietnam syndrome,” Nixon’s nasty, if usually effective, realpolitik, and the revelations about CIA covert operations around the world left many Americans with a bad taste in their mouths.” (Faber, 17) Nixon’s reign of America also led Congress to limiting the power of the President and increasing the power of Congress. In the future this helped put a strain on the Carter ... ... middle of paper ... ... the United States wanted to find a way to help the hostages in Iran. A few days after the takeover “longshoremen spontaneously decided not to load any cargo bound for Iran…Church bells rang at midday to honor captives…hundreds of thousands of Americans wrote letters to the Iranian embassy and the Iranian U.N. delegation.” (Farber, 153) Although previous events of the 1970s had led Americans to be cynical, skeptical and distrustful of their political leaders, they did not let their patriotism fade. Consequently, President Carter had lost the confidence of America due to economic problems and the hostages of Iran. In the 1980 election, Carter lost to Ronald Reagan and on January 20, 1981 the day Carter turned over the presidency to Ronald Reagan, the hostages would be released. The American people and the nation’s leaders learned from President Carter’s mistakes.

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