India Now the World's Fastest Growing Economy

[Maxwell]

I do want to say that Carter's economy was anything but stable, though I definitely would not blame that lack of stability on Carter. It's why his Fed Chair was basically forced to jack interest rates so high as to defeat inflation. Stability came during the second half of Reagan's Presidency, though that stability isn't particularly desirable, since we know its results now (a world wide recession where monetary policy has been sucked of its effectiveness and fiscal policy which is handicapped by government officials learning the wrong lessons from the Reagan administration).