Looking back at the economic legacy of Jimmy Carter
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 30 December 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Jimmy Carter, a winner of the Nobel Peace Prize, died yesterday at 100. He served as president from 1977 to 1981, a term with the lows of U.S. hostages in Iran and the highs of the Camp David Accords. The Carter years were also strained by the economy. Today, we’ll reflect on his impacts. Plus, bets on a bull market in 2025 and an examination of surging rates of homelessness.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Time is running out to make a tax-deductible donation to Marketplace before the end of the year. |
| 0:05.7 | Donate today to support the public service journalism that you rely on. |
| 0:09.7 | Every donation and every dollar helps lock in the journalism for what will be a busy news year ahead. |
| 0:15.6 | Go to Marketplace.org slash donate and invest in news you value and trust. Marketplace.org slash donate and invest in news you value and trust. |
| 0:22.4 | Marketplace.org slash donate or follow that link in the show notes. |
| 0:28.2 | Does the fine stock market in 2024 bode ill or well for 2025? |
| 0:34.9 | I'm David Brancaccio in New York. |
| 0:37.1 | Let's begin with the late President Jimmy Carter's |
| 0:39.5 | economic legacy. Carter, also winner of the Nobel Peace Prize, died yesterday at 100. His years |
| 0:45.4 | in the highest office ran from 1977 to 1981, a term with the lows of U.S. hostages in Iran |
| 0:51.9 | and the highs of the Camp David Peace Accords. The Carter years |
| 0:55.6 | were also strained by the economy. Here's Marketplaces, Kimberly Adams. The economy was already in |
| 1:00.9 | pretty bad shape when President Carter took office, but long gas lines and double-digit inflation |
| 1:05.9 | became the legacy of his administration. It was a horrific time. It was like getting a daily diet of bad news and trying to work |
| 1:15.7 | through it. |
| 1:16.6 | Stuart Eisenstadt was Carter's chief domestic policy advisor. |
| 1:20.1 | He says Carter's successes on job and GDP growth were obscured by the inflation. |
| 1:25.6 | Carter tried to rally Americans to conserve energy and boost optimism |
| 1:29.3 | in his famous Crisis of Confidence speech in 1979. |
| 1:34.1 | The erosion of our confidence in the future is threatening to destroy the social and the political |
| 1:41.1 | fabric of America. |
| 1:44.3 | Author and economist Kabir Se, is a Carter family friend. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.