the next question is from harry ellis to president carter. mr. ellis: mr. president, when you were elected in 1976, the consumer price index stood at 4.8%. it now stands at more than 12%. perhaps more significantly, the nation's broader, underlying inflation rate has gone up from 7% to 9%. now, a part of that was due to external factors beyond u.s. control, notably the more than doubling of oil prices by opec last year. because the united states remains vulnerable to such external shocks, can inflation in fact be controlled? if so, what measures would you pursue in a second term? pres. carter: again, it's important to put the situation into perspective. in 1974, we had a so-called oil shock, wherein the price of opec oil was raised to an extraordinary degree. we had an even worse oil shock in 1979. in 1974, we had the worst recession, the deepest and most penetrating recession, since the second world war. the recession that resulted this time was the briefest we have had since the second world war. in addition, we've brought down inflation. earlier this yea