Quote:
Originally Posted by dapperdan
No, not true. There was a very deep recession, lasting 1 yr and 4 months (a long recession) from Nov 1973 to Mar 1975, with peak unemployment hitting 9.0%.
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Right. But, you're also missing that another recession started in January 1980, 11 months before election day, and lasted until July.
The economy wasn't in great shape when Carter took office, and grew weakly. It did tank on his watch however.