scandals involving members

Reagan came to power in 1981, followed later by George H. W. Bush. Carter’s reputation was further damaged by scandals involving members of his administration, such as accusations that his brother was a lobbyist for Libyan leader Muammar Gaddafi—allegations later proven false Carter inherited an economy plagued by inflation, stagnant economic growth, and rising unemployment: a state of stagflation. Inflation rose from 6% in 1976 to over 12% by 1980, unemployment remained high at 7.5%, and volatile interest rates reached a staggering 20% during 1980. The 1979 oil crisis, following the Iranian Revolution, further worsened the economic situation, leading to soaring energy prices and growing public dissatisfaction. สล็อต เว็บตรง