1. Ford & Carter
Pgs
Chapter 21.3

2. The Economic Crisis of the 1970s
A Mighty Economic Machine Slows
Increased spending on Vietnam
This causes inflation
OPEC & the price of oil
From $3 to $30
A Stagnant Economy
Manufacturing decreases – Germany & Japan
“Stagflation” – inflation w/o growth
More G. spending = more inflation
Higher interest rates= less inflation & less growth

3. Ford & Carter Battle the Economic Crisis
Ford Tries to “Whip” Inflation
Conserve gas, cut taxes & reduce inflation
The Election of 1976
Carter replaces Ford
Carter’s Economic Problems
Brief Return of Deficit Spending
Department of Energy – reduce dependence on oil

4. Cont. Deregulate oil industry Carter’s “malaise” speech
Perhaps if we get more from home…
Carter’s “malaise” speech
Carter was an “outsider”
Didn’t know how to work w/ Congress

5. Environmentalism Pgs. 730 - 733
Chapter 21.5

6. The Origins of Environmentalism
America the Beautiful
Questions arise over the use of pesticides
Sure they kill bugs but…
A couple sued to stop the use of DDT
And a door was opened
Silent Spring and a world of pollution
Smog and other disasters
A river on fire

7. Cont.
A Grassroots Effort Begins
The first Earth Day
New Societies

8. The Environmental Movement Blossoms
The Environmental Protection Agency
Plenty of new legislation
Love Canal
Land for school - $1
Higher rate of health problems
Cancer, respiratory illness, birth defects
The land had been a toxic waste dump
No regulations allowed waste to leak
The government took over the town

9. Cont. Concerns About Nuclear Energy
Fossil fuels are limited and create pollution
Nuclear energy offers an alternative
Then Three Mile Island
Cooling system fails, radiation released into the air
Never any real danger, the damage is done
No new nuclear power plants since 1973