Energy deja vu

With the Michigan economy suffering through yet another assault from high gas prices and plummeting auto sales, and the entire nation gripped with anxiety, it's instructive to look back to the late seventies and early eighties and remind ourselves that this "crisis" is not exactly unexpected. Take a minute to rediscover the energy policies of a very unpopular president — Jimmy Carter — and the man many consider the most successful leader in the modern era — Ronald Reagan. (Apologies for the low volume on the man from Plains, Georgia.)

Who had the right approach?