The Carter administration took office at an unfortunate time as far as economics is concerned. The economy was floundering, and the oil crisis and energy problems were all too prevalent. The author explains that as Carter turned to fighting inflation, he abandoned the traditional Democratic agenda and became a forerunner of Reagan. In the end, he did not conquer inflation, but he did sacrifice his ambitious programs for restructuring government, crafting a lasting energy program, and reforming the tax structure, welfare, and health care.
The Carter administration took office at an unfortunate time as far as economics is concerned. The economy was floundering, and the oil crisis and energy problems were all too prevalent. The author explains that as Carter turned to fighting inflation, he abandoned the traditional Democratic agenda and became a forerunner of Reagan. In the end, he did not conquer inflation, but he did sacrifice his ambitious programs for restructuring government, crafting a lasting energy program, and reforming the tax structure, welfare, and health care.
ANTHONY S. CAMPAGNA is Professor of Economics at the University of Vermont, where he specializes in macroeconomic theory and policy. He is the author of three previous books, including U.S. National Economic Policy, 1917-1985 (Praeger, 1987).
Inhaltsangabe
Tables Preface Macroeconomic Policy Making Background: The Economy in the Early 1970s The Role of Economics in the 1976 Campaign The Launching of the Carter Administration: Beginning Initiatives Analysis of the Macroeconomic Policies at the Start of the Administration The National Economy in the Second Half of the Administration, 1979-1980: The Battle for Survival Summary and Critique of the Administration's Macroeconomic Policies Other Initiatives and Reforms in the Carter Years Trade and Energy Matters Reforms in the Carter Years The Legacy Economic Issues in the Campaign of 1980 Conclusions and Legacy Select Bibliography Index
Tables Preface Macroeconomic Policy Making Background: The Economy in the Early 1970s The Role of Economics in the 1976 Campaign The Launching of the Carter Administration: Beginning Initiatives Analysis of the Macroeconomic Policies at the Start of the Administration The National Economy in the Second Half of the Administration, 1979-1980: The Battle for Survival Summary and Critique of the Administration's Macroeconomic Policies Other Initiatives and Reforms in the Carter Years Trade and Energy Matters Reforms in the Carter Years The Legacy Economic Issues in the Campaign of 1980 Conclusions and Legacy Select Bibliography Index
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