EPISODE 5
The State of the Union is Not Good
The second half of the 1970s began with much hope and promise. The “long national nightmare” of Watergate was over and after a brief transition under President Ford, the country put a relatively unknown former Georgia governor, Jimmy Carter, in the White House. But things began to unravel almost immediately. Stagflation smothered the economy and the energy crisis caused long lines and short tempers at the gas station. Three Mile Island and Love Canal heightened environmental anxieties. There was a divisive fight over the Panama Canal and the world held it’s breath as the Ayatollah Khomeini supplanted the Shah in Iran and the Soviet Union invaded Afghanistan. But there was also a genuine diplomatic miracle at Camp David as the Egyptians and Israelis signed a historic peace treaty. And waiting in the wings was another former governor, Ronald Reagan, who was on the verge of launching a revolution of his own.