Sunday, February 19, 2023

Jimmy Carter Was a Better President than You Think.

Instapundit - RESETTING THE BAR:

 Jimmy Carter Was a Better President than You Think.

To fight stagflation, Carter appointed tight-money advocate Paul Volker to head the Federal Reserve Board, and Volker pulled the brakes on inflationary monetary policy — hard. It solved inflation but sent the economy into a painful correction that probably cost Carter reelection.
At the Atlantic, Derek Thompson chronicles the dramatic and almost unnoticed impact of Carter’s airline deregulation over the last thirty years. The bottom line: per-mile ticket prices fell by over fifty percent...
...The impact of beer deregulation has been similarly overlooked: In 1978, the USA had just 44 domestic breweries. After deregulation, creativity and innovation flourished in the above-ground economy...

As P.J. O’Rourke wrote in his classic 1993 American Spectator article, “100 Reasons Why Jimmy Carter Was a Better President than Bill Clinton:”

...100. And let us not forget that Jimmy Carter gave us one thing Bill Clinton can never possibly give us—Ronald Reagan...--Posted by 

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