To accomplish this objective, President Ford recommended to the Congress the first comprehensive national energy program specifically designed to reduce dependence on foreign oil, by: increasing domestic energy production; promoting the conservation of scarce energy supplies; and.
What reason did Ford give for pardoning Richard Nixon?
In a televised broadcast to the nation, Ford, who had succeeded to the presidency upon Nixon’s resignation, explained that he felt the pardon was in the best interests of the country and that the Nixon family’s situation was “a tragedy in which we all have played a part.
What was the impact of the energy crisis?
In addition to causing major problems in the lives of consumers, the energy crisis was a huge blow to the American automotive industry, which had for decades turned out bigger and bigger cars and would now be outpaced by Japanese manufacturers producing smaller and more fuel-efficient models.
When Ford took over as president the economy was?
Much of Ford’s focus in domestic policy was on the economy, which experienced a recession during his tenure. After initially promoting a tax increase designed to combat inflation, Ford championed a tax cut designed to rejuvenate the economy, and he signed two tax reduction acts into law.
What was Gerald Fords popularity at the time of his pardon?
Ford’s popularity plummeted in public opinion polls, dropping from the high sixties into the high thirties. Just as important, members of Congress from both parties reacted angrily to the pardon.
Who was in charge of domestic affairs during the Ford administration?
Rockefeller assumed leadership of the Domestic Council, a position from which he often tried to play a major role in formulating the administration’s domestic policies. His suggestions, for the most part, went unheeded. In addition, Rockefeller and Rumsfeld despised each other, making life difficult in the Executive Office.
What was the trade deficit in the 1960s?
Wholesale prices had spurted up 20.4% in the last year alone. The US trade deficit in August had hit a record $1.1 billion. The reasons we were in this terrible position were fairly clear. One was LBJ’s attempt to provide guns and butter simultaneously in the mid sixties.