Post-presidency of Jimmy Carter the latter's death). The Commission recommended improvements to continuity of government measures for the federal government. Post-presidency of Jimmy Carter In 1981, following his defeat in the 1980 United States presidential election, former U.S. president Jimmy Carter returned to Georgia to his peanut farm, which he had placed into a blind trust during his presidency to avoid even the appearance of a conflict of interest. He found that the trustees had mismanaged the trust, leaving him more than one million dollars in debt. In the years that followed, he has led an active life, establishing the Carter Center, building his
Jimmy Carter draft. His campaign manager and former appointments secretary, Timothy Kraft, stepped down some five weeks before the general election amid what turned out to have been an uncorroborated allegation of cocaine use. On October 28, Carter and Reagan participated in the sole presidential debate of the election cycle. Though initially trailing Carter by several points, Reagan experienced a surge in polling following the debate. Carter was defeated by Ronald Reagan in a landslide, and the Senate went Republican for the first time since 1952. In his concession speech, Carter admitted that he was hurt by the outcome of the election