President Jimmy Carter
By: Krista McNulty and Nicole Rodriguez
Key Terms
US Energy Crisis
“Malaise”
Deregulation
Inflation
Background
His full name is James Earl Carter, Jr.
Born October 1, 1924
[1]
[1]
Served from 1971-1975 as Georgia State
Governor
[1]
Served as president 1977-1981
[1]
As governor he gained support by emphasizing ecology,
he had a efficient government and removed racial
barriers.
[1]
US Energy Crisis
The Nixon Administration, during 1973, reduced the
amounts of oil available to the world market. [2]
The US was too dependent on foreign suppliers.
This created the 1973 Oil Crisis causing oil prices to
rise sharply. [2]
US oil imports had shot up 65% since 1973
[3]
Price control caused shortages and long lines at gas
stations[2]
According to Carter, it was "a clear and present
danger to our nation" and "the moral equivalent of
war”
[2]
US energy crisis
1976 the US was consuming 1/4 of all OPEC
production[3]
OPEC increased oil prices from $13/barrel to over
$34/barrel
Carter passed the Emergency Natural Gas Act of
1977 which allowed the government to ration
natural gas.
Created the Department of Energy to regulate
energy suppliers and fund research for new
sources of energy including solar and wind power.
[5]
US energy crisis
Inflation and interest rates rose
The economy declined, less jobs were available, and consumer confidence
declined.
Doubling of OPEC oil price from 7.7% in 1978 to 13.5% in 1980
Delivered the “Malaise” Speech on April 18, 1977 declaring that 75% of US
energy is running out and places the main blame on the people.
He claimed it was a “moral and spiritual crisis” and blamed fellow citizens
for being too concerned with “material goods” [4]
Environment
Dubbed as the 'environmentally conscious'
president.
June 20, 1979 Carter installed 32 Solar panels on
the roof of the White House hoping to promote the
use of solar energy.
December 2, 1980: The Alaska National Interest
Conservation Act
Created 103 million acres of national park land
December 11, 1980, he enacted the
"Comprehensive Environmental Response,
Compensation and Liability Act of 1980” (CERCLA)
This program was designed to clean up sites
infected with hazardous waste in order to
protect the environment.
Deregulation
Oil and Natural Gas
Deregulated prices resulting in vast increase in supply 1980’s, lowering the
prices.
American beer industry 1979:
legal to sell ingredients to home brewers
Airline Deregulation Act
October 24, 1978
removed government control over fares, rates and the entry of new airline
companies
Economy
Inflation rate was far above 13% by
1979
Carter said that the American tax
system was a “disgrace to the
human race” and made an $18
billion tax cut in 1978 [4]
Inflation was tied to the Oil Crisis
Summary
Viewed by many as a failure president
He had policies of peacekeeping and humanitarianism
Created the Department of Education and Department of Energy
Appointed record numbers of women, blacks and hispanics to government jobs
Achieved much more outside of presidency, including his Nobel Peace Prize in
2002.
Increased 8 million jobs, decreased budget deficit
Inflation and interest rates at near record highs
Bibliography
[1] "Jimmy Carter." 10 Mar. 2012. Web. 18 Mar. 2012.
<http://en.wikipedia.org/wiki/Jimmy_carter#Presidency>.
[2] "Presidency of Jimmy Carter." Wikipedia. 21 Mar. 2012. Web. 18 Mar. 2012.
<http://en.wikipedia.org/wiki/Presidency_of_Jimmy_Carter>.
[3] “Jimmy Carter” Web. 18 Mar. 2012. <http://www.whitehouse.gov/about/presidents.jimmycarter>
[4] Bailey, Thomas Andrew, and David M. Kennedy. The American Pageant. Boston, MA: Houghton
Mifflin, 1998. Print.
[5]
http://www.google.com/imgres?q=OPEC+1970&um=1&hl=en&client=safari&sa=N&rls=en&biw=1143&bih
=466&tbm=isch&tbnid=dtByWp0xiywTlM:&imgrefurl=http://www.retro-housewife.com/life-in-the1970s.html&docid=GGj-KwIbNqjT8M&imgurl=http://www.retrohousewife.com/images/newspapers/1970/1976-bar-chart-opec-oil-prices.jpg&w=183&h=277&ei=S69qTfPMsGTiQKmotGuBQ&zoom=1&iact=rc&dur=250&sig=107492280448795637128&page=1&tbnh=124&tb
nw=82&start=0&ndsp=11&ved=1t:429,r:0,s:0&tx=53&ty=54