# taxes vs president **URL:** \ **Category:** PittSpeed Off Topic\ **Created:** [September 26, 2008, 1:31pm UTC](https://forums.speedlife.net/t/taxes-vs-president/199833 "2008-09-26T13:31:16Z")\ **Posts on this page:** 1\ **Showing post:** 18
**Author:** ![Blackbelt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blackbelt/32/5998_2.png) [@Blackbelt](https://forums.speedlife.net/u/Blackbelt)\ **Post date:** [October 15, 2008, 9:15am UTC](https://forums.speedlife.net/t/taxes-vs-president/199833/18 "2008-10-15T09:15:15Z")
> [@winter beater roll call](https://forums.speedlife.net/t/winter-beater-roll-call/38342/40): > > George W. Bush is the Worst ever…worst then Carter. these are all in the top 10… GWB, Carter, Nixon, Buchanan, Tyler, Harding… but i still think GWB is the worst. You are entitled to your opinion, and with your current life experience, i can understand you feeling that way. However, i lived through and bought my first house when Carter was president. Here is the legacy of Carter: Iran hostage crisis: True, Carter did not “take us into an illegal war”, but he was a large cause of all the crap we are still dealing with today. Do some research into what Carter did that lead to the fall of the shah of Iran, Khomeinis rise into power, the kidnapping of Americans that he allowed to drag on for 444 days. Oil: Yep. oil has gone crazy, but then again, it did during Carters years also, from $13 to $34. Remember waiting in line for 2 hours for gas in 1979? I do! How long have you waited in line for gas during the Bush term? Inflation 1977 6.5% 1978 7.7% 1979 11.3% 1980 13.5% Interest rates: Climbed throughout the Carter tern, with the prime rate peaking at **21.5%** in 1980. Mortgage interest rates averaged 15%. To give you an idea what that means in real dollars, a $100,000 mortgage at 6% (a good average for the Bush term) is $599/mo. That same $100K at 15% yields a $1264/mo payment. Poverty: The poverty rate climbed from 11.4%(First Carter year) to 15.2%(final Carter year) That is a 33% increase. Misery index Average for the Carter term 16.27%. Reached an all time high of 21.98% in 1980. Bush averaged 8.01%, with a high(this year) of 11.3% --- _[View the full topic](https://forums.speedlife.net/t/taxes-vs-president/199833)._