When President Gerald Ford took the oath of office Aug. 9, 1974, the nation was plagued by serious economic turmoil. Ford’s first priority in office was to stimulate the economy and curb inflation. In this editorial cartoon, the president and John Q. Public are in a picnic basket labeled “The Economy” racing down a steep hill toward flames and devil’s forks in hell. The caption reads, “We’re really making great progress.” (Nov. 1, 1974) (The Library of Congress)
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