The Ford and Carter Years. Life after Watergate. Moving on from Watergate. Gerald Ford was sworn in as President after Nixon resigned in 1974. He was neither elected President nor Vice-President. Ford wanted to help the nation heal after the Watergate scandal.
The Ford and Carter Years
Life after Watergate
Gerald Ford was sworn in as President after Nixon resigned in 1974.
He was neither elected President nor Vice-President.
Ford wanted to help the nation heal after the Watergate scandal.
He granted Nixon a full pardon from all criminal charges.
Ford tried to combat rising inflation with his “WIN” campaign
Ford is not able to gain public support while he is president
He runs for President in 1976 but loses to the unknown Jimmy Carter.
Jimmy Carter promised to restore integrity to the presidency- he defeated Ford by a narrow margin
Carter was an outsider to Washington who was seen as trustworthy and uncorrupt
He did not make deals with Congress which made it impossible for them to get along
Carter inherited an economy with high inflation and high unemployment
He tried to encourage conservation of energy and oil after shortages occurred from violence in the Middle East
Carter signed the Community Reinvestment Act of 1977 which encouraged banks and savings associations to meet the needs of borrowers in their local communities
- Israel withdraws from Sinai Peninsula
- Egypt recognizes Israel’s right to exist
Mohammed Reza Pahlavi, the leader of Iran, angered religious leaders which led to a revolt and overthrow of the government.
Reza Pahlavi came to America to seek treatment for cancer
This angered Ayatollah Khomeini, the new Islamic leader of Iran
In November of 1979 a mob of angry students entered the U.S. embassy in Teheran, Iran and took 52 American citizens hostage
They wanted the United States to return Reza Pahlavi to Iran, which Jimmy Carter refused, he wanted to negotiate without military intervention
They were held hostage for 444 days and released on the day that Ronald Reagan was sworn into office
Ford and Carter were not able to fix the troubling economy in the 1970’s
They were however able to help restore some trust in the government after the Watergate Scandal