But in 1979, 80% of Americans, just like today, thought the country was heading the wrong direction. And we had Jimmy Carter as the president and we had malaise and We had inflation that was 18%. We were in a recession. Iran had taken our hostages. Sound familiar? And we thought we were losing the Cold war to the USSR. In 1979, 80% thought we were heading the wrong direction. (34:30–34:35)
CLAIM
Claims that inflation was at 18% during the presidency of Jimmy Carter.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
