In his "Crisis of Confidence" speech (also known as the "Malaise Speech"), delivered on July 15, 1979, President Jimmy Carter acknowledged several important issues facing the United States:A national crisis of confidence – He said Americans had lost faith in the government, the future, and in each other, which he believed was worse than the energy crisis itself.Over-dependence on foreign oil – He highlighted the urgent need to reduce reliance on imported oil and develop alternative energy sources.Materialism and consumerism – Carter criticized a growing focus on material goods and self-interest, suggesting that it weakened the nation's unity and spirit.The need for unity and sacrifice – He called on Americans to come together, trust one another, and make sacrifices for the common good—especially in energy conservation.