USA HISTORY

Detailed explanation-1: -Carter took office during a period of “stagflation, ” as the economy experienced a combination of high inflation and slow economic growth. His budgetary policies centered on taming inflation by reducing deficits and government spending.

Detailed explanation-2: -The economy was in a recession when Carter came to Washington. Immediately upon taking office, he declared that his primary domestic goal was to create jobs for the unemployed. At his request, Congress passed an Economic Stimulus Appropriations Act to create jobs and help the economy.