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governor reagan: mr. ellis, i think this idea that has been spawned here in our country, that inflation somehow came upon us like a plague and therefore its uncontrollable and no one can do anything about it, is entirely spurious, and its dangerous to say this to the people. when mr. carter became president, inflation was 4.8 percent, as you said. it had been cut in two by president gerald ford. it is now running at 12.7 percent. president carter also has spoken of the new jobs created... but that cant hide the fact that there are 8 million men and women out of work in america today, and 2 million of those lost their jobs in just the last few months. mr. carter had also promised that he would not use unemployment as a tool to fight against inflation. and yet, his 1980 economic message stated that we would reduce productivity and gross national product and increase unemployment in order to get a handle on inflation, because in january, at the beginning of the inflation. which claim of president carters does reagan refute in this excerpt? president carters policies have led to an improved economy. rising oil prices worldwide can negatively affect inflation rates in the united states. inflation rates have risen too high and are hurting the american consumer. there are policies that can be enacted by the president to curb rising inflation.
Reagan argues that the idea that inflation is uncontrollable (as Carter implies) is false. He points out inflation - rate changes under different presidents and unemployment issues under Carter. He refutes the claim that inflation is like a plague and uncontrollable, which is contrary to the idea that Carter's policies have led to an improved economy.
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President Carter's policies have led to an improved economy.