Why do you think president nixons attempts to end stagflation failed?

The correct answer to this open question is the following.

President Nixon's attempts to end stagflation failed because he tried to reduce the amount of money in circulation, he allowed inflation rates to increase, prices went high, and he tried to cut expenditure but Congress intervened and did not allow this to happen. People did not like the idea to pay more taxes neither that prices were high. Unemployment rates increased in this period and the US economy jeopardized. Another thing Nixon decided to do was to devaluate the dollar, facing the Oil Embargo imposed on the United States by the Arab countries.

according to the quotation from booker t. washington's 1895 atlanta compromise speech.

in the great leap from slavery to freedom . . the masses of us are to live by the production of our hands . . we shall prosper . . as we learn to dignify and glorify common labor.

washington believed that  hard work had its own kind of dignity.

explanation:

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