Malaise is back.
President Barack Obama’s situation is getting perilously close to President Jimmy Carter’s in 1979.
Americans see little evidence of an economic recovery, more and more workers are giving up hope of ever finding a job, the burden of student loan debt — now larger than credit-card debt — is crushing the hopes of young people, the president’s signature achievement, healthcare reform, is broadly unpopular, our borders are overrun by migrant children, Iraq is falling apart, Syria and Ukraine are in turmoil and the president seems hapless and ineffectual.
“Malaise” was the term used in 1979 to describe the deep pessimism Americans felt about the way things were going in the country. That year, inflation was soaring, unemployment was rising, the United States faced a debilitating energy crisis, a tax revolt had broken out, Americans were waiting in long gas lines, and Iran had a revolution, further roiling the Middle East.
Carter seemed hapless and ineffectual. When the president addressed the nation on July 15, 1979, he appeared to blame the American people. Carter described “a crisis of confidence,” saying, “We see this crisis in the growing doubt about the meaning of our own lives and in the loss of a unity of purpose for our nation.”
Support for Carter was so low that he was nearly overthrown by a challenge in his own party from Senator Edward M. Kennedy. The voters fired Carter in 1980, replacing him with a man who would have been difficult to elect in any year but 1980. But Ronald Reagan offered what the country desperately wanted after four years of Carter — strong, decisive leadership.