Could Carter have benefited from programs passed by his predecessors
Seems unlikely, given that Ford was a fiscal conservative who wanted to reign in Federal spending by using austerity, and was opposed to stimulus spending to get the economy to grow.
Your questions are also interesting, because Carter's economic policies were so heavily criticized during the 1980 election, most notably by the Reagan campaign; and certainly the country at the time blamed Carter for the inflation issue, which dated back to the Johnson administration, and certainly Reagan wasn't asking your questions. Bush never blamed Ronald Reagan for his economic troubles that I recall; and was also a one term president like Carter, so all things being equal, your point about a one term president having it easier than a two term seems to be a draw, at least for President Bush Sr.
The University of Nebraska economics dept has a great article that will likely answer a lot of your questions: "Fiscal Policy, Monetary Policy, and the Carter Presidency (http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&cad=rja&uact=8&ved=0CHsQFjAJ&url=http%3A%2F%2Fdigitalcommons.unl.edu%2Fcgi%2Fviewcontent.cgi%3Farticle%3D1033%26context%3Deconfacpub&ei=23zyU9uMCrC-sQT6uYGYDw&usg=AFQjCNH6Z7alTF0ydVTUK8Wo-p9wBHs5rQ&sig2=w5vhYgIRjavcuc-ZtYk4hA&bvm=bv.73231344,d.cWc) written by Annie Mari May.
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Date: 2014-08-18 10:44 pm (UTC)Seems so.
Could Carter have benefited from programs passed by his predecessors
Seems unlikely, given that Ford was a fiscal conservative who wanted to reign in Federal spending by using austerity, and was opposed to stimulus spending to get the economy to grow.
Your questions are also interesting, because Carter's economic policies were so heavily criticized during the 1980 election, most notably by the Reagan campaign; and certainly the country at the time blamed Carter for the inflation issue, which dated back to the Johnson administration, and certainly Reagan wasn't asking your questions. Bush never blamed Ronald Reagan for his economic troubles that I recall; and was also a one term president like Carter, so all things being equal, your point about a one term president having it easier than a two term seems to be a draw, at least for President Bush Sr.
The University of Nebraska economics dept has a great article that will likely answer a lot of your questions: "Fiscal Policy, Monetary Policy, and the Carter Presidency (http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&cad=rja&uact=8&ved=0CHsQFjAJ&url=http%3A%2F%2Fdigitalcommons.unl.edu%2Fcgi%2Fviewcontent.cgi%3Farticle%3D1033%26context%3Deconfacpub&ei=23zyU9uMCrC-sQT6uYGYDw&usg=AFQjCNH6Z7alTF0ydVTUK8Wo-p9wBHs5rQ&sig2=w5vhYgIRjavcuc-ZtYk4hA&bvm=bv.73231344,d.cWc) written by Annie Mari May.