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

It was Richard Nixon's idea of taxes, however, he did order that there is to be an 90 day freeze on wages and income to stop inflation. Nixon was able to stop the cold war tensions by designing a balance of power in between countries. Moreover Nixon created stagflation, and massive dollar declines in which effected the country.

It was the notion of taxation by Richard Nixon, but he did impose a 90-day moratorium on salaries and profits to avoid inflation. In creating a balance of power in between nations, Nixon was able to avoid the cold war conflicts. In addition, Nixon produced stagflation, and major declines in the dollar under which the country took effect.