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President Jimmy Carter

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. [1] Born October 1, 1924 [1] Served from 1971-1975 as Georgia State Governor [1]

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President Jimmy Carter

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  1. President Jimmy Carter • By: Krista McNulty and Nicole Rodriguez

  2. Key Terms • US Energy Crisis • “Malaise” • Deregulation • Inflation

  3. Background • His full name is James Earl Carter, Jr.[1] • Born October 1, 1924[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]

  4. 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]

  5. 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]

  6. 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]

  7. 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.

  8. 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

  9. 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

  10. 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

  11. 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-the-1970s.html&docid=GGj-KwIbNqjT8M&imgurl=http://www.retro-housewife.com/images/newspapers/1970/1976-bar-chart-opec-oil-prices.jpg&w=183&h=277&ei=S69qT-fPMsGTiQKmotGuBQ&zoom=1&iact=rc&dur=250&sig=107492280448795637128&page=1&tbnh=124&tbnw=82&start=0&ndsp=11&ved=1t:429,r:0,s:0&tx=53&ty=54

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