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On July 15, 1979, President Jimmy Carter addresses the nation via live television to discuss the nation’s energy crisis and accompanying recession.
Carter prefaced his talk about energy policy with an explanation of why he believed the American economy remained in crisis. He recounted a meeting he had hosted at the presidential retreat in Camp David, Maryland, with leaders in the fields of business, labor, education, politics and religion. Although the energy crisis and recession were the main topics of conversation, Carter heard from the attendees that Americans were also suffering from a deeper moral and spiritual crisis. This lack of “moral and spiritual confidence,” he concluded, was at the core of America’s inability to hoist itself out of its economic troubles. He also admitted that part of the problem was his failure to provide strong leadership on many issues, particularly energy and oil consumption.
1979, On July 15, President Jimmy Carter addresses the nation through live television to discuss the nation’s energy situation and accompanying recession.
Who is Jimmy Carter?
Carter prefaced his back-and-forth around energy policy with an explanation of why he thought the American economy remained in crisis.
He narrated a conference he had hosted at the presidential withdrawal in Maryland, Camp David, with authorities in the fields of business, labor, politics, education, and religion.
Although the energy situation and recession were the major topics of conversation, Carter heard from the attendees that Americans existed also sorrowing from a deeper moral and spiritual crisis.
This lack of “ethical and spiritual confidence,” he finished, was at the core of America’s inability to heave itself out of its economic troubles.
He also acknowledged that part of the difficulty was his failure to nourish strong leadership on considerable issues, specifically energy and oil consumption.
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