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The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term.
Rick Perlstein
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"The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term."
— Rick Perlstein #politicsgovernment

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The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term. — Rick Perlstein

About Rick Perlstein

Rick Perlstein was a Historian from United States (1969–present).

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Who said "The reason inflation was brought down to manageable levels, by the time of Rona…"?
This quote is attributed to Rick Perlstein, a Historian from United States.
When did Rick Perlstein live?
Rick Perlstein lived from 1969 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.