After winning the election narrowly in 1968, President Nixon pursued a moderate domestic agenda including establishing new federal agencies like the EPA and OSHA. However, his proposal for a guaranteed annual income failed to pass Congress. Nixon aimed to consolidate Southern support by nominating conservative justices to the Supreme Court. The Watergate scandal erupted after the 1972 election, involving Nixon administration officials covering up a break-in at the Democratic National Headquarters. This led to Nixon's resignation in 1974 to avoid impeachment. The 1970s also saw rising inflation, energy crises, and economic stagnation known as stagflation.
25. However, Nixon and Henry Kissinger continue their predecessors’ policy of attempting to undermine governments deemed dangerous to American strategic and/or economic interests
53. Stagflation Term: occurs when both the inflation rate and unemployment rate are high. Essentially, inflation and economic stagnation are occurring simultaneously Despite this, energy production in the United States (and the West at large) increased rapidly The U.S. also experienced 2 oil shocks in the 1970s OAPEC decided to place an oil embargo on the U.S. after the U.S. committed to re-supplying the Israeli military during the Yom Kippur war By 1973, the U.S. imported 1/3 of its oil due to its precarious situation with OAPEC In 1979, oil exports in Iran were severely limited by the Iranian Revolution
67. 5 September 1975 – follower of Charles Manson pointed a Colt .45 at Ford
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70. Ford’s presidency took a significant hit when North Vietnam invaded South Vietnam, captured the capital city, and unified the country under a communist government in March 1975
71. Jimmy Carter was viewed as a candidate with populist leanings and was perceived as an “outsider” to Washington politics
72. Seen as an individual who would restore morality and decency to the president’s role in government