My first successful business enterprise was a donut/lemonade stand in front of my house back in 1979. My customers were the motorists lined up from the gas station around the block.
So you remember those halcyon Carter years — But were you old enough to understand? If so, how can you possible say that today compares to then?
Me, I was in Iran, doing business with the Shah ... then came Jimmuh, and the end of the Shah.
I understood what it meant when you tried to buy a house at 20% prime rates, or tried to buy a car when the bank was so worried about inflation they wouldn’t loan money unless you paid for the car with cash first. I understood what it meant when inflation was pegged at 12% annual.
The US economy had essentially shut down. I doubt a lemonade stand qualifies as knowledge about what was going on in the economy, the absolute dire conditions in America. The hopelessness was magnified by the ceaseless nightly airing of the Iranian hostages and that feckless President who seemingly could do nothing about it.
Jimmuh Carter was the worst President in US history. He nearly destroyed the country.