Want to get a good idea of why Obama’s plan is going to fail? It just got the curse of approval from Jimmy Carter. Jimmy Carter, in 4 years, managed to create a new economic term called “stagflation.” Inflation and Recession were once thought to be mutually exclusive: two bad things that cannot happen at the same time. However, Good ole Carter had a recession WITH inflation. Note: Carter set up Reagan to win in ’80, because Carter was such a bad President. Now he’s giving Obama the thumbs up.