I read every word. If you think Jimmy Carter had any permanent bearing on what we are seeing today you should get your head examined. I might ask you, "If something was so skewed after Carter's four years why didn't Reagan and George Herbert Walker Bush straighten it out during the next twelve"
Again, you are looking at is at a partisan NOT as a pragmatist.
Didn't blame Carter, specifically.
What I blamed was our trade policies.
I think BOTH parties are to blame. But deficits are a symptom, not the cause. Trade imbalances are the cause.
Let's discount the Clinton "imaginary surpluses" (He only used surpluses in Social Security to cover deficits in general fund, which is like looting the pension fund to pay for operations. They send people to prison for that in the prior sector.)
The last time we posted a REAL surplus was in 1969. At that time, we had the Vietnam War raging very expensively, the Apollo Program was coming to an expensive climax, the new "Great Society" social programs were in full swing... and we were still posting surpluses. There were enough revenues pouring in from taxes and tariffs to cover these things.
Then something happened. People stopped driving big American cars and started driving little Japanese clown cars, because they got better gas millage. Pretty soon, instead of taking in money from selling stuff to everyone else, we were buying stuff from everyone else and losing money.
Now you guys whine about how Reagan cut taxes, but tax revenues increased on his watch. But spending increased faster, and not just on the military but on social programs and "entitlements".
So whose fault is that?
The Democrats for imposing so many regulations and backing unions even when their demands were impractical. A great example was the Steel INdustry. They wanted to completely rebuild their plants to compete with the Germans and Japanese, who had all new plants after WWII while we were still using plants from the turn of the century. Well, we can't have that, said the unions. We might lose union jobs. And kill some snail darters.
So our steel industry dried up.
The GOP deserves it's share of the blame, too, especially in advocating all these ridiculous trade treaties with places where if workers get killed, they just get new ones.