Joe Biden is Jimmy Carter 2.0

Joe Biden is proving to be a master of disaster. With today’s Americans for Limited Government Minute, I’m Catherine Mortensen. Biden’s presidency feels like Jimmy Carter all over again. When it comes to energy, a chief issue of Carter’s presidency, Biden has already overseen a sea change that harmed the industry. The president’s day one hatchet job on the planned Keystone XL Pipeline left thousands reeling as their jobs evaporated at the stroke of a pen. When the Biden administration also put forth a plan to freeze drilling permits on federal land for at least the first year of his term, American energy independence seemed to slip away. Biden insisted on keeping extra unemployment benefits in his American Rescue Plan, even as the economy struggled to rebound. This has contributed to disappointing unemployment numbers. The result has been an economy that is more sluggish than expected — while prices at the pump and in the grocery stores continue to rise — all of which have raised the specter of stagflation not seen since Carter’s presidency. For more check us out at the DailyTorch.com

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