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Today in history: Jimmy Carter's 'malaise' speech
He actually never even said the infamous word
 
President Jimmy Carter,  pictured in 1976.
President Jimmy Carter,  pictured in 1976. Central Press/Getty Images

July 15, 1971: A stunning announcement from President Nixon: He would visit communist China in early 1972. Nixon's journey to China, arguably the most dramatic trip ever taken by a president, opened the door for increased ties and competition between the two superpowers. It also marked China's emergence into the modern world.

July 15, 1979: In a primetime speech, President Carter warned that the U.S. was threatened by a lack of "moral and spiritual confidence." He said America's lack of confidence was to blame for an ongoing recession, and was a "fundamental threat to American democracy." The speech is often referred to Carter's "malaise" address, though he never actually used that word.

Quote of the Day

“Associate with men of good quality if you esteem your own reputation; for it is better to be alone than in bad company." -George Washington

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