Listen to Jimmy Carter's emotional concession speech to a tearful audience in the wake of his loss to Ronald Raegan in the 1980 Presidential Election.
Upload Date: Oct 23, 2020
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Jimmy Carter was one president who was able to burrow his way into the hearts of many Americans. But unfortunately for him, the political climate of 1980 was in the midst of change. Facing flack from both parties over handling of foreign policy matters such as the Iran Hostage Crisis, Carter was pitched as precisely what Raeganism claimed to cure. Inflation and high unemployment rates also contributed to Carter's waning popularity. The loss marks the political realignment of the Republican party into what would be deemed the Raegan Era, highlighted by new battles waged in the war on drugs, supply-side economics, and increased defense spending.