Many Republicans compare Biden to Carter, Trump thinks Biden worse
"Joe Biden is the new Jimmy Carter."
That's the comparison being made by Republican lawmakers and conservative commentators as the Biden administration confronted a series of familiar crises last week – specifically, gas shortages and rising consumer good prices.
Following the revelation that Colonial Pipeline – the largest gas distributor on the East Coast – videos and images surfaced of cars sitting bumper to bumper, waiting to fill up before gas stations ran out of fuel. The gas shortage had a domino effect, too. It even prompted a shortage of a fast-food favorite: Chick-fil-A sauce.
The gas shortage was just one crisis the Biden administration was forced to confront, though. Less than one week after a devastating jobs report, the U.S. Labor Department revealed that the prices of basic goods and services spiked 0.8% in April alone. That's the largest monthly increase the country has experienced in more than a decade.
These crisis prompted House Majority Leader Kevin McCarthy, R-Calif., to say that Biden is "well on his way to creating another Jimmy Carter economy."
TRUMP MOCKS COMPARISONS OF BIDEN TO JIMMY CARTER: THE CURRENT PRESIDENT IS WORSE
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But Carter's efforts to control inflation failed. The year he took office, the U.S. inflation rate was 6.5%. The last full year of the Carter presidency, the inflation rate, like the price of gas during his administration, had more than doubled to 13.5%. The rate of inflation steadily decreased each year of the Reagan administration beginning in 1981. By 1988, the last full year of Reagan's presidency, the inflation rate had dropped to just 4.1%.
During the Carter years, American consumers were not only forced to pay more for the price of basic goods as well as gas, but also had to wait in lines to buy gas. Pictures from the late 1970s show cars lined up at gas stations. Those images are eerily reminiscent of the recent photographs showing Americans waiting to buy gas during the Biden administration more than 40 years later.
Inflation during the Biden administration, like during the Carter administration, is a top concern. White House press secretary Jen Psaki told reporters on Tuesday that the administration takes "the possibility of inflation quite seriously."
"Most economic analysts believe that it will have a temporary transitory impact," Psaki added.
In the first full year of President Donald Trump's presidency, the rate of inflation was 2.1%. It increased to 2.4% during Trump's second year in office. For the remainder of Trump's presidency, the rate of inflation in the U.S. declined each year, dropping to just 1.2% in 2020.
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For certain goods, it is much worse under Biden. Lumber prices are over 250 percent higher than before he took office. Gas prices are also higher despite Facebook "fact-checkers" trying to say he had nothing to do with those price rises. Certain grocery items are also much more expensive since Biden was elected.
Despite what the alleged "fact-checkers" sat, voters blame Biden for the increased cost of gas. Many get angry just passing the stations and seeing the posted price. Democrats appear to want the price of gas to increase so they can push their alternative energy BS.
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