https://nightly.net/topic/73947-in-retrospect-jimmy-carter-is-a-highly-underrated-president/
But I was thinking about it this morning, and I wondered if I had let the conventional wisdom bias my thinking. I realized, that in actuality, maybe Carter is just remembered as a "bad" president because he got owned in the 1980 debate with Reagan, and due to cirumstances largely outside his control, than anything he really did.
Here are some of the successes of Carter's presidency:
-Reduced capital gains tax from over 40% to 28%.
-Appointed Volcker as Fed chairman, possibly the best Fed chairman we had, and probably the true cause of the 80s boom (which is misattributed to Reagan). Though in fairness, Reagan re-appointed Volcker as well.
-Instrumental in the negotiation of the Camp David Accords. Arguably the only positive thing in the past 50 years to happen in the Middle East. People point to Clinton's Oslo Accords, but let's be honest here- they ain't done sh-t.
-Continued relations with China, including recognizing One China, which was key to establishing our trade network.
-SALT II, which was a success.
-Led a fiscally conservative and responsible presidency; implemented necessary austerity measures (though they were unpopular), which were important in curbing inflation.
-De-regulation of many industries (finance, railroads, etc), but most importantly airlines. This is the only reason why any of you people on this message board are able to fly today. While I personally kinda wish the skies were still exclusively for the rich, I will reluctantly confess that de-regulation of the airlines has been a huge win for the American consumer.
One item that is a "mixed bag," and that is the Carter Doctrine and our support of the Mujaheddin. I'm conflicted on this one, because while we succeeded in a short term goal of expelling the Soviets from any route to the Gulf, we ended up creating a monster, in Islamic radical theocracy, that has come back to haunt us. If we're gonna blame Carter for this though, I think we also have to blame Reagan, because he continued the same policy.
Now as far as the so-called Carter failures:
-Iran Hostage Crisis. I think this is unfairly attributed to Carter. First off, he didn't put the Shah there, that was Eisenhower. Second, it's not like he caused the '79 Iran Revolution either. All of these events were completely out of his control- he just happened to be in office when the climax of decades of US policy towards Iran came about. I understand he gets blamed for "inaction," but that is an outright falsehood. First off, there was Operation Eagle Claw. Yes, it was a catastrophic failure, but someone explain to me why that is Carter's fault. Second, what eventually led to the hostages release was due in large part to Carter's freezing of Iranian assets. That was the key to the negotiations at the Algiers Accords, which happened before Reagan was in office. The fact that the hostages were released a day into Reagan's presidency is irrelevant, because the negotiations for their release were actually conducted by Carter over the frozen bank assets. Reagan, I'm sorry to say, didn't do sh-t.
-'79 energy crisis. Again- unfairly attributed to Carter. The panic, sparked by the Iran Revolution and uneven OPEC production, was mainly fueled by people remembering the '73 energy crisis and freaking out, and that crisis was due to Nixon's support of Israel in the Yom Kippur War. I don't see how any of this has to do with Carter, if anything Carter helped the situation due to deregulating gas price controls.
-'70s stagflation. This was caused by the oil supply shock above, which was not Carter's doing. Carter actually deserves credit for ending stagflation, because the appointment of Volcker led to the necessary tight monetary policy and austerity measures, which admittedly caused a recession via high interest rates, but that was the only way to cure the problem. By the time credit was loosened again in 1980, inflation was under control and the recession came to a relatively quick end. However, Carter had already lost re-election by that point and so Reagan gets the credit for the recovery, even though Reagan had actually only been in office for a few months and didn't really do anything.
There is no denying that Carter is a Southern, Dixiecrat bible-thumping Baptist farmer redneck, which tends to be everything I depise. But a careful look at his presidency reveals that he actually didn't make any bad decisions. He just happened to be in the wrong place at the wrong time. I don't think he is a great president, or even a good president, but he in no way deserves to be lumped in the same group as Pierce or Buchanan.