1 / 11

Ford and Carter

Ford and Carter. Chapter 32, Section 3. Nixon is gone…. “long national nightmare is over” – quote from inauguration speech Pardoned Nixon on 9-8-74 – HUGE controversy Program to stop inflation – called Whip Inflation Now (WIN) – was a bust

cortez
Download Presentation

Ford and Carter

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ford and Carter Chapter 32, Section 3

  2. Nixon is gone… • “long national nightmare is over” – quote from inauguration speech • Pardoned Nixon on 9-8-74 – HUGE controversy • Program to stop inflation – called Whip Inflation Now (WIN) – was a bust • Reduced Govt. spending and told Fed to restrict credit* – Recession !!! Had one in 2008…

  3. Ford’s Foreign Policy • Ford continued to carry out Nixon’s foreign policies with China and the Soviet Union • Met with Soviet premier Leonid Brezhnev. • About a year later, went to Helsinki, Finland and signed the Helsinki Accords – agreements that nations in Eastern and Western Europe cooperate better. • Considered Ford’s greatest accomplishment

  4. Ford’s Foreign Policy • Southeast Asia – Cease fire from 1973 in Vietnam broke down • Ford asked for $722 million from Congress and Congress said no • South Vietnam surrendered to North in 1975

  5. Election of 1976 • Ford was Republican nominee and Jimmy Carter was Democratic • Carter won with 40.8 million votes to 39.1 for Ford • Carter has to deal with an energy crisis – he tries to get Americans to cut use of oil and gas • Passed the National Energy Act that places tax on gas-guzzling cars

  6. Carter’s Presidency • Other energy issues included getting rid of price controls on oil and gas produced in the US • Plus giving tax credits for developing alternative energy – name a few here…. • Led to depending less of foreign oil imports • Now for the economy…

  7. Carter’s Presidency • Summer of 1979 more violence in Middle East leads to another fuel shortage in US • PLUS OPEC raises prices as well • Inflation goes from 7.6% to 11.3% in 1979 • Carter tries several programs to stop high inflation but none worked • Inflation creeps up to almost 14% by 1980 (which is an election year!!)

  8. Carter’s Presidency • The economy itself changes – moves from manufacturing to service industries • Workers had to become re-trained in the new jobs to be able to earn the same income • If not, service jobs with lower skill requirements paid less

  9. Carter’s Presidency • Foreign Policy with Carter • He worked to get the US to promote human rights around the world • Signed treaty to give Panama Canal back to Panama on 12-31-1999 • Détente ended in 1979

  10. Carter’s Presidency • Middle East victories and losses • Camp David Accords • Israel and Egypt signed agreement 1978 – terms included Israel withdraws from Sinai Peninsula and Egypt formally recognizes Israel's right to exist as a country • The Iran Hostage Crisis • Jan. 1979 revolution in Iran, Ayatollah leads rebels in overthrowing the shah and creating a strict obedience to Qur’an – sacred book of Islam

  11. Carter’s Presidency • The US Embassy was attacked on 11-4-1979 • Hostages were held for 444 days • Released on 1-20-1981, right after Regan was sworn in as president

More Related