C GOVERNOR REAGAN: Mr. Ellis, I think this idea that
has been spawned here in our country, that inflation
somehow came upon us like a plague and therefore it's
uncontrollable and no one can do anything about it, is
entirely spurious, and it's dangerous to say this to the
people. When Mr. Carter became President, inflation was
4.8 percent, as you said. It had been cut in two by
President Gerald Ford. It is now running at 12.7 percent.
President Carter also has spoken of the new jobs created.
... But that can't hide the fact that there are 8 million men
and women out of work in America today, and 2 million
of those lost their jobs in just the last few months. Mr.
Carter had also promised that he would not use
unemployment as a tool to fight against inflation. And
yet, his 1980 economic message stated that we would
reduce productivity and gross national product and
increase unemployment in order to get a handle on
inflation, because in January, at the beginning of the
Which reasons and evidence does Reagan use to
support his argument? Check all that apply.
the gross national product in 1979
the gross national product in 1980
the decrease in inflation rates
the increase in inflation rates
the number of jobs lost
the number of jobs created
Intro