Answer:
On July 15, 1979, President Jimmy Carter addresses the nation via live television to discuss the nation’s energy crisis and accompanying recession.
Carter prefaced his talk about energy policy with an explanation of why he believed the American economy remained in crisis. He recounted a meeting he had hosted at the presidential retreat in Camp David, Maryland, with leaders in the fields of business, labor, education, politics and religion. Although the energy crisis and recession were the main topics of conversation, Carter heard from the attendees that Americans were also suffering from a deeper moral and spiritual crisis. This lack of “moral and spiritual confidence,” he concluded, was at the core of America’s inability to hoist itself out of its economic troubles. He also admitted that part of the problem was his failure to provide strong leadership on many issues, particularly energy and oil consumption.
