During the administration of Gerald Ford (1974-1977) he launched the much-maligned WIN program (Whip Inflation Now) to combat the inflationary trend called stagflation, which meant that prices moved higher during a period of little economic growth. The problem continued under his successor, Jimmy Carter, as inflation increased to record levels. There was some improvement, notably a growing economy, under Ronald Reagan, from 1980 to 1987.
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