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→Carter, stagflation and human rights
===Carter, stagflation and human rights===
===Carter, stagflation and human rights===
[[File:Jimmy Carter.jpg|left|175px|thumb|[[Jimmy Carter]] was elected in 1976 and defeated in 1980.]]
More than four decades of [[Keynesian]]ism, deficit spending, and [[big government]] created an era of stagnant growth only kept afloat by the printing presses of the Federal Reserve Board. Each round of [[new spending]] by the Democratic Congress prompted the Federal Reserve to print more money, causing an increase in the cost of living, resulting in calls by Democrats for more government stimulus spending, more inflation, more price increases, higher costs, taxes on business and less new job creation. While wages and prices continued to spiral upward, no new jobs or increase in goods and services were created to meet the demands of a growing population.
More than four decades of [[Keynesian]]ism, deficit spending, and [[big government]] created an era of stagnant growth only kept afloat by the printing presses of the Federal Reserve Board. Each round of [[new spending]] by the Democratic Congress prompted the Federal Reserve to print more money, causing an increase in the cost of living, resulting in calls by Democrats for more government stimulus spending, more inflation, more price increases, higher costs, taxes on business and less new job creation. While wages and prices continued to spiral upward, no new jobs or increase in goods and services were created to meet the demands of a growing population.