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Stagnation in the 1970s
Productivity and income gains lagged in the 1970s as other countries caught up (like Japan) through investment and Vietnam War + Great Society caused inflation
Philadelphia Plan
Originally applied to construction and required a plan to hire more black workers, later applied to all federal contractors under Nixon
Nixon’s liberal actions
Creation of OSHA, EPA, increases to Medicaid, AFDC, and Food Stamps, created Supplemental Social Security (for disabled) and indexed Social Security + Philadelphia
Nixon’s conservative actions
Veto of nationwide daycare, opposition to abortion, resistance to anti war hippies, welfare reform like from FAP
New Federalism
Nixonian plan of revenue sharing and increasing state power (conservative)
Nixon and impoundment
Nixon proposed impounding funds from the LBJ budget, Congress resisted
“Silent Majority”
Nixon used divisive politics by referencing these individuals as patriotic Americans compared to hippies
Nixon’s 90 day wage and price freeze (1971)
Despite conservative concern, he initiated this to help reduce inflation during his Presidency
Southern strategy
Plan under Nixon to attract Southern support by opposing busing for racial balance and nominating conservative justices
Ping pong diplomacy (Nixon)
Nixon's strategy to improve relations with China by using table tennis matches to create better diplomatic ties.
Ford’s Presidency (1973-1976)
Pardoned Nixon so America would “move on”, struggled to whip inflation and stagnation, only un-elected President (lack of mandate)
OPEC Energy Crisis of the 1970s
Caused by US support to Israel in 1973 Arab-Israeli War, desire to assert power
Carter’s 1970s Malaise Speech
Blamed American economic stagnation on moral and spiritual “crisis”, initially popular but turned against him when economy didn’t improve
Camp David Accords (1970s)
Carter negotiated with Egyptian-Israeli leaders for Israel to return land and Egypt to recognize Israel’s right to existence/relations
Iranian Hostage Crisis
Shah of Iran overthrown by conservative Ayatollah, college students take American embassy hostage, release when Reagan is elected bc of indecision/inexperience
Carter’s Hostage Strategies
Sanction Iran, use allies to pressure and famous helicopter crisis
Nixon’s Detente
Nixon met with China and established foreign relations, also met with USSR under Brehznev and played both countries against each other