THE LOW POINT OF JIMMY CARTER’S AWFUL PRESIDENCY. Forty-five years ago, on July 15, 1979, President Jimmy Carter gave what came to be known as his “malaise” speech. More than halfway through his term as president, things were going terribly. Inflation was already high, 6.3%, when Carter took office. By the time of the malaise speech, … Continue reading The low point of Jimmy Carter’s awful presidency