and carter knew the consequences of pointing volcker.but he did it anyway because everything else he had tried and failed and indeed, volcker did exactly what carter's advisors feared he would do. and he began to jack up rates to to a really high level, just as carter was entering the general election campaign in 1980. and now that was another reason for why he lost the november election. and he doesn't get credit. ironically enough, most people think seem to think that ronald reagan was the guy, the president, to, with volcker's help, beat inflation. but it really started under carter. well, thank you for those thoughtful answers. and i would like to remind everyone that you can purchase kai bird book at a couple of books, the signed bookplate and thank you again both the kind of joe for this wonderful evening and this wonderful program. it'll be available, i believe, on the us capitol facebook page and. thank you so much.

volcker was the man to do it.inflation at its peak in the carter administration. we only got to 9.1% under joe biden. but i think your point is right, inflation is a killer politically, particularly for democratic presidents, dan. what about you? what do you think about trying to put the big picture on the carter legacy and what he meant as a president? >> well, i would say two things. one very specific that we haven't mentioned is the camp david accords. that was the peace accord between israel and egypt. that was an extraordinary achievement. and let us say that to this day egypt and israel have coexisted. it's been an uneasy go 2006, but nonetheless -- paul: how many peace peace in the middle east lasts this long in peace deals. >> that's right. carter put a lot of effort into that, and that needs to be acknowledged, for sure. the other point i think i would make is that jimmy carter was capable of mid-course directions. one was one mary just mentioned. he finally decided inflation if had gotten out of hand, he

he chose paul volcker to lead the federal reserves and knowing volcker's tough policy would raise interestent because paul told him that and would do so in a presidential election year. you take care of the economy, paul, i'll take care of the politics. inflation indeed dropped like a rock after he left office and remained low for decades. abroad, jimmy carter laid the building blocks for a better world. he was the first president to make human rights a priority for u.s. foreign policy. and this led directly to the release of thousands of political prisoners in latin america, and stimulated them to a lasting democratic transition. he ushered in a new era of hemisphereic relations with the panama canal treaties and the toughest battle of his presidency. he uniquely combated the soft power of human rights, championing freedom for the east countries and tripling the immigration of soviet jews. he combined that with hard power, rebuilding america's military strength after its host water gate -- post water gate decline. he negotiated a major nuclear arms treaty for the soviets while at the same

over the objection of all of his advisors, he chose paul volcker to lead the federal reserve, knowingvance that volcker's tough monetary policy would raise interest rates and unemployment because paul told him that. and would do so in a presidential election year. you take care of the economy, paul. i'll take care of the politics. inflation, indeed, dropped like a rock after he left office. and remained low for decades. abroad, jimmy carter laid the building blocks for a better world. he was the first president to make human rights a priority for u.s. foreign policy. and this led directly to the release of thousands of political prisoners in latin america and stimulated them to a lasting democratic transition. he ushered in a new era of hemispheric relations with the panama canal treaties, the toughest legislative battle of his presidency. he uniquely combined the soft power of human rights, championing freedom for the communist east block countries, and tripling the immigration of soviet jews. he combined that with hard power, rebuilding america's military strength after its post wat

as chairman of the federal reserve over the objection of all of his advisers. >> he chose paul volcker to lead the federal reserve, knowing in advance that volcker's tough monetary policy would raise interest rates and unemployment because paul told him that and would do so in a presidential election year. you take care of the economy, paul. i'll take care of the politics. >> and, ambassador, thank you so much for joining us. thank you. you really paint a picture of someone who put governing above politics and put country above his own personal stake. >> yes he did. it's very interesting. when he ran for office and i was his policy director, both when he ran for governor and president. he was a great retail politician. indefatigable. i mean, for example, before the iowa caucuses, which everybody else disregarded, he literally spent 100 days in iowa. but when he came to the white house, he decided to park politics outside the oval office. that was a strength. and it was a weakness. it was a strength because it allowed him to tackle issues like the panama canal, like the middle east, lik

enough, most people think seem to think that ronald reagan was the guy, the president, to, with volcker's help, beat inflation. but it really started under carter. well, thank you for those thoughtful answers. and i would like to remind everyone that you can purchase kai bird book at a couple of books, the signed bookplate and thank you again both the kind of joe for this wonderful evening and this wonderful program. it'll be available, i believe, on the us capitol facebook page and. thank you so much. during his time in office, president jimmy carter and his family attended the first baptist church of washington, d.c. they joined in january of 1977, and president carter attended services there. more than 70 times during his presidency. yes, well, the carters obviously wanted to find a place to go to church. and there are a number of baptist churches in washington. first baptist church is actually the closest to the white house. we're seven blocks north of the front door of the white house. and so they they decided to come here. and we were so grateful and blessed that they did. now, ther

but he appointed paul volcker, who helped end it over time. and with iran, this was really the most excruciating thing. 444 days of agony. and he dropped like a rock politically. and yet he negotiated the end of that crisis after the election. and they were released just as president reagan was sworn in, sort of khomeini rubbing salt into the wound. and this made him also very upset. so when he came back to georgia, he had all of those things on his mind, and then he was able to get it behind him. he said, i want to live the rest of my life. god gives me a purpose. i want to live every day i can. this was his faith. i want to live every day i can, doing good, doing the right thing. and that's what led to the carter center curing two african diseases, monitoring 100 elections, being a champion of civil rights. so even though he came out of the white house with those what i call again, the three eyes are an inflation and inter-party warfare. he reconciled all of that because he wanted. he was only in his mid 50s. he was a young man when he left

. >> of all of so i've >> he chose paul volcker. so the the federal reserve. >> knowing advance. >> the tough monetary policy would raise interest rates employment because paul told them that. and we do so in a presidential election year. you take care of the economy. all i'll take care of the politics. >> inflation indeed. drop like a rock. after he left office. and remain low for decades. abroad. jimmy carter laid the building blocks for a better world. he was the first president to make human rights a priority for u.s. foreign policy. and this led directly to the release of thousands of political prisoners in latin america. and stimulated them to a lasting democratic transition. he or she if you're hemispheric relations. but the panama canal treaties, the toughest legislative battle of his presence. he uniquely combines the soft power of human rights champion, freedom for communist east bloc countries and tripling the emigration of soviet jews. he combined that with hard power rebuilding america's military strength after host bor

over the objection of all of his advisers, he chose paul volcker to lead the federal reserve, knowing in advance that volcker's tough monetary policy would raise interest rates and unemployment because paul told them that and would do so in a presidential election year. you take care of the economy, paul. i'll take care of the politics. inflation indeed dropped like a rock after he left office and remained low for decades abroad. jimmy carter laid the building blocks for a better world. he was the first president to make human rights a priority for u.s. foreign policy, and this led directly to the release of thousands of political prisoners in latin america and stimulated them to a lasting democratic transition. he ushered in a new era of hemispheric relations with the panama canal treaties, the toughest legislative battle of his presidency. he uniquely combined the soft power of human rights, championing freedom from the communist east bloc countries and tripling the emigration of soviet jews. he combined that with hard power, rebuilding america's military strength. after its post-wa

he chose paul volcker to lead the federal reserve, knowing in advance that volcker's tough monetary policy would raise interest rates and unemployment because paul told him that and would do so in a presidential election year. you take care of the economy, paul. i'll take care of the politics. inflation indeed dropped like a rock after he left office, and remained low for decades abroad. jimmy carter laid the building blocks for a better world. he was the first president to make human rights a priority for u.s. foreign policy, and this led directly to the release of thousands of political prisoners in latin america and stimulated them to a lasting democratic transition. he ushered in a new era of hemispheric relations with the panama canal treaties. the toughest legislative battle of his presidency. he uniquely combined the soft power of human rights, championing freedom from the communist east bloc countries and tripling the emigration of soviet jews. he combined that with hard power, rebuilding america's military strength after its post-watergate decline. he negotiated a major nuclear ar

place only blossomed after he left office, like, for example, tackling inflation through having paul volckeraise interest rates in an election year. it was one of the things that lost in the election, but it was important for the country. reagan and the country benefited when interest rates drop like a rock, but not to, uh, not to early enough to help president carter. so these are all things that i think are coming together during this solemn moment. for me, it's a very bittersweet moment. i'll be seeing his casket in the u.s. capitol tonight and then again tomorrow. and it brings back a rush of memories from the time he was jimmy who, uh, at 1% in the polls, we put him on. what's my line? uh, not one person knew that he was the governor of georgia. he came an awful long way through sheer determination and a message. it was an anti watergate message. it was cleaning up washington. it was bringing ethics to washington after watergate. and that was a message that resonated in the primaries and in the general election against president ford. >> um, mr. ambassador, briefly, his marriage to his

objection and i assure you, i'm not exaggerating, of every one of his advisors, he appointed paul volckere would choke inflation out of the system by high interest rates. he said, mr. president, this will be in your re-election year you will have a very difficult economy. we want to whip inflation. we will have potential higher unemployment the president said, paul, you take care of the economy, i'll takepolitics in fact, as we know, paul volcker succeeded anybody's expectations inflation dropped like a rock, but only after carter's defeat in reagan's two years. he even put in place something that we've lived within a major way and it's lower inflation he wasn't the beneficiary of it, but created the foundation of it that, plus deregulation. deregulation of energy as well as major sectors of the economy really was a positive economic legacy, but it didn't occur in time to benefit him for his re-election. >> and he pushed back a lot of the left what you just described, stu, i hate to tell you, deregulation, not wanting to spend a lot of money. maybe he was in the wrong party, stu. >> joe,