Joe Biden’s rocky start to his presidency is making average Americans struggle.
He was called out on his terrible policy.
A top Republican said six words that could completely destroy Joe Biden.
President Joe Biden is trying to implement ideas that have already hurt America.
The Democrats of the ‘60s and ‘70s tried to make America into a socialist country but socialism always fails.
Sen. Ted Cruz (R-TX) said on Thursday’s broadcast of FNC’s “Fox News Primetime” that he believes “Joe Biden is Jimmy Carter 2.0.”
Cruz went on to note the similar problems that America is facing.
“[T]here’s an analog in relatively recent history, and that’s to Jimmy Carter,” Cruz said. “And I believe Joe Biden is Jimmy Carter 2.0. We’re five months into the Biden administration. We — we already have a gas crisis, gas lines, an inflation crisis, war in the Middle East. And the same sort of ideology and incompetence that the — that characterized the Carter regime, characterizes now the Biden-Harris regime, and it took Jimmy Carter to give us Ronald Reagan.
“I think Joe Biden is setting — setting up for this country to move dramatically back in the direction of fiscal sanity, back in the direction of the Constitution and the Bill of Rights,” he added.
Treasury Secretary Janet Yellen admitted last month that the Biden administration had not accurately predicted the rise in inflation.
The Biden administration thought that prices would only go up 2% during 2021 but the U.S. Labor Department data published June 10th reported that inflation has risen 4.2% already.
“We’re going to be doing a mid-session review and coming out with a new forecast,” Yellen said while testifying before the Senate Finance Committee. “Certainly for this year inflation will be higher than that.”
But Yellen has still been trying to downplay inflation fears.
“We’re monitoring inflation very carefully and take it very seriously. No one wants to return to the bad high inflation days of the ’70s,” she said.
Federal Reserve Chairman Jerome Powell has also downplayed concerns about inflation.
“It seems unlikely, frankly, that we would see inflation moving up in a persistent way that would actually move inflation expectations up while there was still significant slack in the labor market,” he told reporters in April following the central bank’s policy-setting meeting. “I won’t say that it’s impossible, but it seems unlikely.”
The assurance of the Biden Administration hasn’t calmed Americans’ fears.
“More than seven in 10 Americans have concerns about inflation, according to a recent Monmouth University poll. Forty-seven percent of those questioned said they’re very concerned that the Biden plans will lead to spiraling inflation with 24% saying they’re somewhat concerned.” Fox News reported.
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