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Liz Peek has the awful numbers: The most memorable thing about the Carter presidency was that the economy grew at 3.25% on average, not much below Ronald Reagan’s 3.49%, but inflation soared. “Stagflation,” as it was called, devastated the nation. Seniors living on fixed incomes suffered horribly, with their monthly Social Security checks and pension benefits eaten up by rising costs of food, gasoline and other necessities. The economic situation under Carter can best be described by the so-called “misery index” compiled during his years in office, which combines the unemployment rate with the inflation rate. Under Carter, the index averaged 16.26, the highest of any modern president.

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