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My History Can Beat Up Your Politics

Inflation Gardens and Other Stories

My History Can Beat Up Your Politics

Bruce Carlson

News, Politics, History

4.51.1K Ratings

🗓️ 4 November 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

It's the most abstract of the economic stats and yet, it's the most personal. It's the one that often has turned Presidents into crusaders. And sometimes turned the American people into the critical actors, volunteers or even 'the problem'. Pins, gardens and tough talk on this episode about Presidents, shrinking dollars, and rising prices. We are part of Airwave Media Network. Interested in advertising on the podcast? Contact [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

With the written under the radar genre are a proper out there podcast.

0:05.0

Sometimes it's better when you get weird, especially when it comes to switching up your soft drink.

0:10.0

Introducing new Dr. Pepper Zero. With the same blend of 23 unique flavours, it tastes just as weird as regular Dr. Pepper.

0:19.0

But with zero sugar and zero calories, it's a taste you can't quite put your finger on.

0:24.0

Weird. But in a surprisingly good way, try more weird with Dr. Pepper Zero.

0:31.0

He slammed him and the weapon was a word.

0:34.0

Inflation. Inflation. More inflation.

0:37.0

Jimmy Carter managed to use it against President Ford four times in their first televised presidential debate.

0:44.0

A confused government, he said. A wasteful defense establishment, he said.

0:48.0

Controlling inflation.

0:50.0

And high inflation. Then later, the worst inflation since the Great Depression.

0:56.0

The inflation rate under Kennedy and Johnson was 2%. One third of what it is under this administration.

1:03.0

The blows hurt because for President Ford, inflation was specifically a targeted problem.

1:09.0

I will not take your time today with the discussion of the origins of inflation and its bad effect on the United States.

1:16.0

But I do know where we want to be in 1976.

1:22.0

That he set out having taken over after Nixon's resignation as a problem he would solve along with Congress.

1:28.0

He appeared before Congress with a special speech.

1:31.0

He even developed committees and a program.

1:35.0

We must whip inflation right now.

1:39.0

Public relations program called whip inflation now with pins.

1:53.0

Even vegetables would be part of his strategy, but we'll get into that later.

1:57.0

The whip inflation now didn't work in a sustainable way, but because he had attached himself to it, it became a problem as it would for the person he was debating with.

...

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