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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).
January 28 – First Lady Pat Nixon denies reports that President Nixon has been recently experiencing sleeping problems during an appearance in the state dining room of the White House. [24] President Nixon sends a special message to Congress in which he requests US$13.6 billion for veteran benefits for the following fiscal year.
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.
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. [56]
But trust in America's institutions has plummeted on both sides of the aisle since Nixon was in office. Read more: Richard Nixon resigned 50 years ago. The political world has never been the same.
January 23 – The Senate votes 73 to 1 in favor of an anti-crime bill promoted by the Nixon administration that incorporates Nixon's policies on handcuffing crime. [ 22 ] January 25 – A message by President Nixon, in which the latter states the US would supply Israel with arms when growing concerns continue, is read during a Jewish conference.
Republican candidate Richard Nixon won the state of Illinois by a narrow margin of 2.93%. [14] The winning of Illinois was the moment that sealed a close and turbulent election for Nixon, [15] [16] who in the last counting did much better in massively populated Cook County than Goldwater or Nixon himself in 1960. [15]