Jimmy Carter makes history as the first former US president to turn 100
When Jimmy Carter left office, few would have predicted an outbreak of national affection for the former president’s 100th birthday four decades later. But his legacy is worth celebrating

When Ronald Reagan inflicted a humiliating defeat on Jimmy Carter in the landslide election of 1980, the latter looked set for “a postpolitical life in obscurity”, says The Conversation. After a tumultuous period, most Americans were happy to put the Carter years firmly behind them – a presidency marked by stagflation and persistent unemployment at home, and frightening events abroad.
The 1979 Iranian Revolution led to sharp increases in energy costs and the infamous American hostage crisis. The Soviet invasion of Afghanistan the following year “contributed to the atmosphere of chaos”. Carter’s seemingly handwringing response didn’t help. He struggled to deal with Congress, while efforts to push for social reform fell short. In that year’s presidential debate, Reagan summed up a nation’s frustration with Carter’s long-winded style with a sound-bite. “There you go again…”
Jimmy Carter's 100th: a nod to his legacy
Forty-four years ago, few would have predicted the outbreak of national affection that greeted Carter’s 100th birthday on 1 October. True, he has made history as the first former US president ever to achieve that milestone. And there’s “a fundamental decency about him” that “stands as an important legacy” – some argue Carter achieved more with his charity work after the White House than he ever did in office.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Yet current events are also forcing a reappraisal of his time in power. Arguably the greatest achievement of a president who sought “to implement a human rights-based foreign policy” was the 1978 Camp David peace accords, which established “normal and friendly relations” with Israel and Egypt after 31 years of hostilities. Historian Rick Perlstein paints him as a subtle negotiator. “He knew just when to risk a scathing remark and when to say nothing at all; when to horse-trade and when to hold fast, ever reassessing the balance between the visionary and the pragmatic.”
By any standards, Carter has enjoyed an extraordinary life, says historian Dominic Sandbrook in The Times, “from his early days as a peanut farmer, submariner and nuclear engineer to a much-photographed kiss with Leonid Brezhnev, defeat by Ronald Reagan and the Nobel peace prize”.
Born in 1924 in Plains, Georgia, he grew up without electricity or running water. But his cleverness and ambition saw him join the US Naval Academy, where he worked on the nuclear submarine programme. Carter returned home to farm, married his local sweetheart and eventually entered politics – becoming governor of Georgia in 1971. When he ran for president five years later, commentators joked about his “weirdo factor”. But, in the aftermath of Watergate, he turned his “unfashionable Southern Baptist background” into an asset as the antithesis of government corruption.
What's next for the centenarian?
Carter inherited an economy still reeling from the oil crisis of 1973, and critics contend his ineptitude exacerbated the impact of the subsequent 1979 oil shock – when a crippling shortage pushed the US economy into what was then the most severe recession since the Great Depression. It’s a moot point, says The Wall Street Journal, but Carter did have “one significant economic success”. His “deregulation agenda” – which broke government regulatory monopolies in trucking, airlines, railroads, natural gas and communications – is often overlooked, but was a fundamental step towards “making the economy more efficient”.
Now confined to a hospice in Plains, the former president was last seen in public in November last year, when he attended his wife Rosalynn’s funeral. The Carter family reports Jimmy is still “emotionally engaged” and nurtures one final political ambition: to make it to election day. “I’m trying to live to vote for Kamala Harris.”
This article was first published in MoneyWeek's magazine. Enjoy exclusive early access to news, opinion and analysis from our team of financial experts with a MoneyWeek subscription.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Jane writes profiles for MoneyWeek and is city editor of The Week. A former British Society of Magazine Editors editor of the year, she cut her teeth in journalism editing The Daily Telegraph’s Letters page and writing gossip for the London Evening Standard – while contributing to a kaleidoscopic range of business magazines including Personnel Today, Edge, Microscope, Computing, PC Business World, and Business & Finance.
She has edited corporate publications for accountants BDO, business psychologists YSC Consulting, and the law firm Stephenson Harwood – also enjoying a stint as a researcher for the due diligence department of a global risk advisory firm.
Her sole book to date, Stay or Go? (2016), rehearsed the arguments on both sides of the EU referendum.
She lives in north London, has a degree in modern history from Trinity College, Oxford, and is currently learning to play the drums.
-
More retirees are buying inflation-protected annuities. What are they and how do they work?
Sales of annuities where the income on offer increases every year have surged – and more people are also taking up enhanced rates that are higher due to illness
-
Was Margaret Thatcher great for Britain?
The 'Iron Lady’ would be celebrating her 100th birthday this month. Margaret Thatcher rose to power in 1979 as the first ever female prime minister and was one of the most controversial leaders in history, but how did her policies shape today’s finances?
-
Pierre-Édouard Stérin wants to make France great again
Conservative billionaire Pierre-Édouard Stérin is seeking to lead a political and spiritual renaissance across the Channel. The planning looks meticulous
-
Global investors have overlooked the top innovators in emerging markets
Opinion Carlos Hardenberg, portfolio manager, Mobius Investment Trust, highlights three emerging market stocks where he’d put his money
-
Investors should cheer the coming nuclear summer
The US and UK have agreed a groundbreaking deal on nuclear power, and the sector is seeing a surge in interest from around the world. Here's how you can profit
-
Healthcare stocks look cheap, but tread carefully
Shares in healthcare companies could get a shot in the arm if uncertainty over policy in the US wanes, but are they worth the risk?
-
The Palace of Westminster is falling down
The Palace of Westminster is in need of repair, but the bill is prohibitive, says Simon Wilson
-
'Gen Z is facing an AI jobs bloodbath'
Opinion It has always been tough to get your first job, but this year, it's proving tougher than ever. AI is to blame, says Matthew Lynn
-
Should the Online Safety Act survive?
The Online Safety Act, a measure to safeguard children, is having unintended consequences
-
Jair Bolsonaro, the 'Trump of the Tropics', sentenced to 27 years in prison for staging a coup in Brazil
Jair Bolsonaro, the US president’s friend and fellow right-wing populist, has been handed a 27-year prison sentence in Brazil. But the drama looks far from over