Is the US in the worst condition, for a new president to take over, or has it been worse off for past new presidents?
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ANSWERS: 8
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Actually, it's usually bad for a new president. Wall Street is jittery since they really don't know what the new guy will do. And usually, the outgoing president spends all the money on his pet projects, so there's usually a new deficit and/or the need to raise new money somehow. Nixon was pretty shafted by Johnson, having inflation (he instituted a wage/price freeze), war in Vietnam, the space race, civil unrest on campus and due to race relations (the South was defiant). Reagan also had double digit inflation, high unemployment, and the cold war left by Carter. The incoming president will also have a tough time.
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Things were pretty bad when Harry Truman was sworn into office after FDR passed away. It's bleak now, but it's been worse.
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its prolly been worse,but the candidates hadn been this bad at the same time. i dont think.
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carter did good things abroad but left his own country in a mess, for a very smart man his fiscal skills had major problems
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We've been in worse shape before. Reagan adopted a crappy situation. So did Truman and FDR.
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The US is in a horrible position economically, and in the eyes of the rest of the world in terms of foreign policy, thanks to the gaffes by "Dumb-Ya." It will take us years to recover. Remember the surplus of the late 90s? All frittered away ... sigh.
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It's as bad as it gets from a financial standpoint. No other president in the history of this country has ever inherited such a staggering debt.
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It was pretty bad when Clinton left. The scariest part of this is that of the two running neither is qualified to do much about it. I see the end.
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