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How did Jimmy Carter affect our economic policy?

Hey im just need some information on jimmy carter on how he changed ecomonic policy such as federal budget, social spending, defense spending, and taxtion policy. any links would help or if i could email or chat with someone. Thanks!

Public Comments

1. Badly! America faced it's worst recession since the depression,with Carter allowing more imports in and more of our jobs to leave the country.He almost ruined us. Try a web search and learn a lot more.
2. As Reagan said, Recession is when your neighbor loses his job Depression is when you lose your job Recovery is when Jimmy Cart loses his job Carter presided over stagflation, which is high unemployment and high inflation. Something economists thought wasn't possible.
3. A website I would use is: www.cbo.gov. Although I'm not a big fan of Jimmy Carter, and thought him receiving a Nobel was a joke, I do have one thing positive to say about him. Carter was instrumental in releasing Patty Hearst from prison. He continued his agenda by pressuring Clinton in giving her a full pardon. I felt that this was a noble thing to do. I don't believe she deserved the treatment she received, especially after being kidnapped and brutalized by the SLA.
4. Screwed up ours, but sure did help Panama. Remember he gave away the canal?
5. Earlier respondents have incorrectly stated what most Economists now believe. It is true that Carter was plagued with the energy crisis of the 1970s. Several oil producing countries pulled out of the world market, artificially increasing the cost of oil. As is the case now, when oil increases in cost, it creates inflation. Inflation means that it will cost more to get the same goods one got previously for less. Or stated otherwise, money becomes worth less. For the Carter administration, the problem was worse. The U.S. economy was gripped with so-called "stagflation," meaning that in addition to inflation, there was a recession. Unemployment was at an historic post-Depression high. Carter wisely responded to this crisis by appointing Paul Volker to head the Federal Reserve. Mr. Volker limited the money supply by increasing the Federal borrowing rate (the "Fed rate"), thus easing inflationary pressures. As a result, stagflation ended. Ronald Reagan liked Volker so well, he kept him on for seven more years. Volker's successor, Alan Greenspan, adopted Volker's policies practically wholecloth. The reason why Carter did not get credit for the economic turn-around is that in Reagan's first term, the Democratic Congress passed a tax bill that flattened the Federal taxes, lowered the tax rates, and closed certain loopholes. Because Reagan signed this tax reform bill, he was credited when the recession ended. But it was Volker who had done the dirty work to resuscitate the economy. And it was Carter who had wisely turned to the Reserve Bank as the means to adjust inflation.
6. Jimmy Carter had inflation that started with Nixon and Ford. In fact, Ford's campaign slogan was WIN (Wip Inflation Now). Then he had to struggle with a 500% gas price increase. All comments are political and everyone has their biased opinions. If you are going to write something, you need to evaluate both sides and try to get a clear picture of what was going on at the time.
7. Jimmy Carter decided to balance the budget by inflating the economy and printing money. This caused wage inflation and pushed people into higher and higher tax brackets generating more tax revenues. However, the price of goods and services rose faster than wages. The result was people could afford less and less. Most people could not afford to buy a house when Jimmy Carter was President. Ronald Reagan saved the country.