Angered by the U.S. support of Israel, Arab oil-producing states placed an embargo—a ban on shipments—on oil sales to the United States and other “non-friendly” nations.
To stimulate the economy, he increased federal spending. This policy helped revive the economy for a short time. However, it created a budget deficit—that is, government spending was greater than government income.
Ford hoped the pardon would help heal the wounds of Watergate. Instead, the pardon stirred controversy. Many Americans asked why Nixon should escape punishment when others involved in the scandal had gone to jail.
a warrant granting release from punishment for an offense
Yet another controversy arose when President Ford offered amnesty, or protection from prosecution, to those who illegally avoided military service during the Vietnam War.
any basic freedom to which all people are entitled
Carter based his foreign policy on human rights—the basic rights and liberties all people should have. He proposed that any nation that violated human rights should not receive support from the United States.
Individuals and businesses had borrowed heavily and now could not meet loan payments. They had to sell what they owned to pay their debts. Some were unable to pay off their debts and went bankrupt.
of or involving the common people rather than those in power
Many did not want to vote for either Bush or Clinton. Instead, they supported a grassroots movement—a popular movement organized at a local level—that put Texas business leader H. Ross Perot on the ballot as a third-party candidate.
Clinton had a bigger battle over his plan for health care reform. His goal was to control rising health care costs and provide adequate health insurance for every American.