"The prime rate outstripped the Federal funds rate, reaching 20% in March 1980. Carter then enacted an austerity program by executive order, justifying these measures by observing that inflation had reached a "crisis stage"; both inflation and short-term interest rates reached 18 percent in February and March 1980."Cannonpointer » 21 Oct 2017 3:09 pm » wrote: That looks like Carter kept up with the average, son. Haven't you always lied that he was the worst president on the economy?
Why are you a liar?![]()
Why aren't you showing the source of these claims? Ashamed?