As former President Jimmy Carter celebrated his 100th birthday on October 1, 2024, he became America's first centenarian former president, a milestone that underscores the significant changes he has witnessed throughout his life. Born in Plains, Georgia, in 1924, Carter has seen the U.S. population grow from 114 million to approximately 330 million, while the global population surged from 1.9 billion to over 8.1 billion. The small town of Plains has also changed, growing from fewer than 500 residents to around 700 today. [71556fc7]
Carter's presidency, which lasted from 1977 to 1981, is often viewed as a failure, particularly due to economic mismanagement and the Iran hostage crisis. However, his administration played a crucial role in paving the way for a revolution in U.S. economic policy. He initiated significant deregulation efforts, starting with the air cargo industry in 1977, which culminated in the Airline Deregulation Act of 1978. This act led to a 45-50% decrease in flying costs, transforming the airline industry and making air travel more accessible to the public. Additionally, Carter deregulated natural gas and oil prices in 1978 and 1979, and appointed Paul Volcker as Federal Reserve chair in 1979 to combat rampant inflation. [1c8f2ee2]
The Iran hostage crisis, which began in November 1979, complicated Carter's legacy, especially with revelations that the Reagan campaign may have delayed the release of the hostages to undermine his presidency. As Carter reflects on these historical milestones, he is expected to support Kamala Harris in her potential bid to become the first woman president, a generational shift in leadership that resonates with ongoing debates surrounding immigration policies, which have evolved significantly since the 1924 Immigration Act. [71556fc7]
As Carter enters hospice care, his legacy is being reevaluated in light of these new insights, reminding us of the importance of humility, public service, and accountability in leadership. His life and presidency serve as a testament to the complexities of political leadership and the long-term impacts of economic policy decisions. [1c8f2ee2]