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Biden surpasses Jimmy Carter as the most incompetent steward of the American economy - Gov. Rick Perry


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Fox News

President Joe Biden has accomplished in just 14 months what many thought was impossible — surpassing President Jimmy Carter as the most incompetent steward of the American economy. 

Biden just broke another record, leaving Americans saddled with 8.5 percent inflation — energy alone is up 32 percent since last year.

 

Those of us who lived through the ’70s remember the fuel lines at the pump, staggering inflation, and Soviet aggression. There was a sense that America was in decline. What Carter termed "malaise" was actually the product of his terrible policies that hollowed out the middle class while inviting tyrants and adversaries to test American strength.

When our leaders don’t learn the lessons of the past, "history does not repeat itself, but it does rhyme." President Biden’s actions to date appear to be directly taken from President Carter’s playbook. 

Excessive spending and anti-supply-side policies have contributed to the worst inflation since the Carter era. Instead of invading Afghanistan, the Russians have invaded another neighbor: Ukraine. But they were emboldened to do so by President Biden’s disastrous withdrawal from the same country — Afghanistan — where the Soviets were mired in a war they couldn’t win. And, of course, we have disastrous energy policies reminiscent of the Carter era, leading to record high prices at the pump and a major missed opportunity to bring stability to Europe.:snip:

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