In 3–5 sentences, evaluate how successful Richard Nixon was at handling the economic issues of his presidency.

Richard Milhouse Nixon was the 37th president, serving from 1969 to 1974. He is infamous for resigning from office in the wake of the Watergate scandal, for which he was almost impeached. Those well-publicized events overshadow how Nixon almost destroyed the U.S. economy. To cure mild inflation, he imposed harmful wage-price controls. That move bypassed America's free-market economy. Even worse, Nixon ended the gold standard that tied the dollar's value to gold. Nixon imposed a 10% import tax to reduce the balance of payments. It only lasted four months and forced America's trade partners to raise the price of gold to $38 per ounce.

Explanation:

Nixon's salary as president was $200,000. It would be worth $1.4 million today.

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i hope this

people can eat food during that time