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Between Nixon's accession to office and his resignation in August 1974, unemployment rates had risen from 3.5% to 5.6%, and the rate of inflation had grown from 4.7% to 8.7%. [64] Observers coined a new term for the undesirable combination of unemployment and inflation: "stagflation", a phenomenon that would worsen after Nixon left office. [66]
The presidency of Richard Nixon began on January 20, 1969, when Richard Nixon was inaugurated as the 37th president of the United States, and ended on August 9, 1974, when, in the face of almost certain impeachment and removal from office, he resigned the presidency (the first U.S. president ever to do so).
Nixon announces his choice of Donald Johnson as the new head of the Veterans administration, introducing him in front of the Newporter inn's temporary office close to Newport Beach. [ 55 ] June 6 – President Nixon orders $500,000 to the state of Illinois after damages caused to the state by a spring flood.
Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was the 37th president of the United States, serving from 1969 until his resignation in 1974. A member of the Republican Party, he previously served as a representative and senator from California and as the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower.
Presidents Johnson and Nixon Four vice presidents were present at the inauguration. From left to right: outgoing president Lyndon B. Johnson (the 37th vice president), incoming president Richard Nixon (36th), Senate minority leader Everett Dirksen who was administering the oath of office to 39th vice president Spiro Agnew, and the outgoing vice president Hubert Humphrey (38th).
President Nixon's veto on a spending limiting bill on candidates running for office attempting to use radio and television in a vote of 58 to 34. [ 106 ] November 24 – Defense Secretary Laird declares retribution will be conducted in the event of American prisoners of war being punished by the North Vietnamese after a raid on a prisoner ...
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January 1 – President Nixon spends New Year's Day at Camp David with his family and aides. [1] January 2 – The White House releases the text of a message sent to Congress by President Nixon the previous day alongside his vetoing of a bill raising the pay for roughly 850,000 federal workers. [2]