GERALD FORD

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GERALD FORD

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GERALD FORD. “I’m a Ford, not a Lincoln”. Domestic Policy. Plan to end stagflation was “Whip Inflation Now” In September of 1974, Ford called for a tax increase In his State of the Union address (January, 1975) Ford called for a $16 billion tax cut. Domestic Policy. - PowerPoint PPT Presentation

Transcript of GERALD FORD

Page 1: GERALD FORD

GERALD FORD

Page 2: GERALD FORD

“I’m a Ford, not a Lincoln”

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Domestic Policy

• Plan to end stagflation was “Whip Inflation Now”

• In September of 1974, Ford called for a tax increase

• In his State of the Union address (January, 1975) Ford called for a $16 billion tax cut

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Domestic Policy

• Congress created a bill that would have created more than one million public service jobs.

• At the time, unemployment was at 9%• Ford vetoed the bill and Congress was unable

to override the veto• Ford felt it would drive the deficit up too high

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STAGFLATION1970-1976

1970 1971 1972 1973 1974 1975 19760.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

5.7%

4.4%

3.2%

6.2%

11.0%

9.1%

5.8%4.9%

5.9% 5.6%4.9%

5.6%

8.5%7.7%

INFLATIONUNEMPLOYMENT

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FOREIGN POLICY

• Kept Henry Kissenger as Secretary of State• Continued what Nixon had started

with détente and realpolitik• Two major areas:–Work with the Soviet Union–“Commitment” to Asia

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Helsinki Accords

• August, 1975• Recognition that the

post-World War II boundaries of European countries were legitimate.

• Signed by the United States, Soviet Union, and European nations.

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“Commitment” to Southeast Asia

• May, 1975• An American merchant

ship, the Mayaguez, is captured by Khmer Rouge forces (Cambodia)

• Ford orders a raid to free the crew.

• The prisoners had already been freed and released

• 40 American soldiers are killed

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ELECTION OF 1976

• Ford wants the Republican nomination for President

• Faces a tough primary fight with California Governor Ronald Reagan

• Reagan was critical of Ford for not being conservative enough

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THE ELECTION OF 1976

CANDIDATE A• Was the sitting president and the

only vice-president and president who achieved the offices without being elected.

• He achieved his offices due to resignations because of the Watergate scandal.

• He was seen as an honest and trustworthy man.

• During his years in office the economy was not doing well – inflation and unemployment were both very high.

CANDIDATE B• He was a farmer from Georgia

and governor of that state• He had not been a national

politician• He was very moral – a born

again Christian• He was pro-civil rights• He often campaigned

personally – walking up to people, shaking their hands and introducing himself

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WHO WOULD YOU VOTE FOR?

GERALD FORD – REPUBLICAN39.1 million popular votes241 Electoral Votes

JIMMY CARTER -- DEMOCRAT40.8 million popular votes297 Electoral Votes