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Honeycombe8

(37,648 posts)
12. I was around but young, so didn't recall that. Thanks. But Carter wasn't torpedoed.
Thu Jun 6, 2019, 07:44 AM
Jun 2019

If what you mean is that he was torpedoed in some unfair way. It was obvious that Carter was going to lose. Carter was well liked personally, but was immensely unpopular at the end because of the economy. His approval rating was a very low below-30.

It was all about the economy. You know the saying, "It's the economy, stupid." As a young person, buying a car or house or anything with financing was impossible at the time because interest rates were double digit. 15%, then 16%, then 18%. I swear I saw on the news that interest rates hit 22% for a short time. Can you imagine trying to afford a car with an 18% interest rate? The stock market had a huge decline, as well.

Inflation was double digit in the teens, too. I could literally see grocery prices rising on a weekly basis.

I was standing in front of the tv ironing, when I saw Reagan on tv giving a speech. I was very young, but when I saw and heard Reagan, I knew it was over for Carter. I was perplexed how Carter couldn't see what most Americans could see, and baffled that the Democratic Party was letting him be the nominee, when they surely knew that he was going to lose. (Ted Kennedy had challenged him to be the party's nominee.) But Carter was the nominee, and the rest, as they say, is history. Reagan won by an historical landslide, winning almost all states.

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Off to the Greatest page with you, and with my thanks... Hekate Jun 2019 #1
This - the GOP walked on eggshells for most of the Watergate hearings FakeNoose Jun 2019 #2
I was there too and just eligible to vote. 5X Jun 2019 #3
same with me. lastlib Jun 2019 #9
Thank you moniss Jun 2019 #4
Message auto-removed Name removed Jun 2019 #5
Thank you. n/t MFGsunny Jun 2019 #24
And each of them - Nixon, Reagan, W, & Trump, were elected by committing profound crimes against us. NBachers Jun 2019 #6
Exactly. geardaddy Jun 2019 #17
Exactly. Which is why I keep saying Trump is not an "anomaly". He is simply a Republican. Midnight Writer Jun 2019 #39
It is a testament to how far Republicans have fallen that by comparison they look heroic then. hlthe2b Jun 2019 #7
To hear the Media True Blue American Jun 2019 #8
Wow, that is a great ad Bettie Jun 2019 #15
Please spread! True Blue American Jun 2019 #21
What an awesome ad! geardaddy Jun 2019 #18
Yes! True Blue American Jun 2019 #22
I was there, too cyclonefence Jun 2019 #10
By no means was he anywhere near the first PCIntern Jun 2019 #23
He wasn't the first witness to testify during those hearings. The Velveteen Ocelot Jun 2019 #27
I watched them, too. ColesCountyDem Jun 2019 #11
I was around but young, so didn't recall that. Thanks. But Carter wasn't torpedoed. Honeycombe8 Jun 2019 #12
The GOP may not have changed since Nixon ego_nation Jun 2019 #13
Smoking gun? There are smoking craters bigbrother05 Jun 2019 #20
Did not miss one word, one day, one second! TruckFump Jun 2019 #14
I was in college during all this MuseRider Jun 2019 #16
The torpedo was when Iran was told to hang on to the captives. Ronnie will give you a better deal. 3Hotdogs Jun 2019 #35
Voted for McGovern in '72 bigbrother05 Jun 2019 #19
I was way too young. cab67 Jun 2019 #25
Exactly right. That there were many "honorable" GOPers at that time is a myth, The Velveteen Ocelot Jun 2019 #26
I was there too and recently rewatched the hearings. underthematrix Jun 2019 #28
"Summer of Judgement"...The Watergate Hearings trof Jun 2019 #29
I was too my friend. spanone Jun 2019 #30
so much going on back then... stillcool Jun 2019 #31
TAPED conversations. Video and audio matter! sharedvalues Jun 2019 #32
They really are the party of shame. ffr Jun 2019 #33
I was naive enough to think that he might not have done it MasonDreams Jun 2019 #34
the difference is talk radio, and that's also why we've regressed the last 30 years certainot Jun 2019 #36
K & R SunSeeker Jun 2019 #37
Not a single one of them ever apologized. cutroot Jun 2019 #38
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