Johnson succeeded to the presidency following the assassination of John F. Kennedy on November 22, 1963, completed the rest of Kennedy's term and was elected President in his own right, winning by a large margin in the 1964 election. Johnson was greatly supported by the Democratic Party and as President, he was responsible for designing the "Great Society" legislation that included laws that upheld civil rights, public broadcasting, Medicare, Medicaid, environmental protection, aid to education, and his "War on Poverty." He was renowned for his domineering personality and the "Johnson treatment," his coercion of powerful politicians in order to advance legislation.
Below is a comparison chart of the two years that ushered in back and forth recessions making the economy fluctuate high and low causing instability, even gas prices rose. And also look at the difference between the two years for Federal Spending and Debt and the Consumer Price Index......
1960 Economy
President: Dwight D. Eisenhower
Vice President: Richard M. Nixon
Population: 180,671,158
Dow-Jones:
High: 685
Low: 566
Federal Spending: $92.19 billion
Federal Debt: $290.5 billion
Inflation: 1.4%
Consumer Price Index: 29.6
Unemployment: 5.5%
CONSUMER PRICES: Gallon of Regular Gas $0.31
1968 Economy
President: Lyndon B. Johnson
Vice President: Hubert H. Humphrey
Population: 200,706,052
Dow-Jones
High: 985
Low: 825
Federal Spending: $178.13 billion
Federal Debt: $368.7 billion
Inflation: 4.2%
Consumer Price Index: 34.8
Unemployment: 3.8%
CONSUMER PRICES: Gallon of Regular Gas $0.34
Why would the federal spending and the economy start to move the ceiling debt up during this year (1968) of Johnson’s Presidential term? And, why would the price of gas start to increase during this year in particular? What formula is used to deduct the C.P.I. figure? And, how can we even get it to line up with a balanced budget? What is happening in our country today that might imitate this same disaster? How do we stop it? What's your opinion about these facts because they are translating into today's society. And, do you see a current Presidential candidate that can actually understand how to get this under control? Or, can you suggest one, not currently in the race, that will would make a great President? Please opine in 50 words or less about as many or as few points that you want to discuss. Thanks and come back soon.