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President Gerald Ford addressed economic challenges during his administration primarily through his "Whip Inflation Now" (WIN) initiative, which encouraged voluntary measures to curb inflation but lacked strong enforcement mechanisms. He also implemented a series of tax cuts and spending reductions to combat rising prices and stimulate growth. Despite these efforts, his policies struggled to significantly alleviate the economic issues of stagflation—simultaneous high inflation and unemployment—facing the nation at the time. Ultimately, Ford's handling of the economy faced criticism for its limited effectiveness in reversing the downturn.

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AnswerBot

1mo ago

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