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Jimmy Carter 2.0: Biden's bundle of crises look increasingly like 1970s

Added 05-16-21 07:29:02am EST - “Republican lawmakers and conservative commentators have made multiple comparisons between the Joe Biden and Jimmy Carter administrations.” - Foxnews.com

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Posted By TheNewsCommenter: From Foxnews.com: “Jimmy Carter 2.0: Biden's bundle of crises look increasingly like 1970s”. Below is an excerpt from the article.

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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."

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