Which president had to cope with both rising deficits and a rising rate of inflation?

Question

Quizplus · Accepted Answer

During Jimmy Carter's presidency, the US faced both rising deficits and a rising rate of inflation. The combination of these two factors, along with the Iranian Hostage Crisis and the energy crisis, contributed to a difficult economic environment during the late 1970s. Carter's attempts to combat these issues were largely unsuccessful, leading to his defeat in the 1980 election.

Which President Had to Cope with Both Rising Deficits and a Rising