As Jimmy Carter Rises In Right’s Eye, Remember Why He Lost

A weak dollar wrecked Jimmy Carter’s presidency. This requires mention as the long ago Carter economic plan rises in the estimation of the right.

Looking back, they appreciate that Carter didn’t stand athwart Rep. William Steiger’s insertion of a capital gains tax cut in his 1978 tax package. Carter also oversaw industrial deregulation, most notably of trucking, rail and airlines. All good things, but for the Carter Treasury’s failure with the dollar…

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