U.S. Sen. Ted Cruz, R-Texas, says that skyrocketing inflation and long lines at gas stations are a result of President Joe Biden’s policies and are returning the U.S. to the days of high inflation, high cost of living and gas lines under President Jimmy Carter.
Eleven months into Biden’s term, inflation reached a 31-year high and gas prices surpassed a seven-year high.
“I’ve got to tell you the trillions that are being spent, the trillions in debt that’s being racked up, it is historic and not in a good way,” Cruz told Fox News’ “Sunday Morning Futures.”
After three weeks in Europe and extensive discussions with dozens of well-informed and highly placed individuals from most of the principal Western European countries, including leading members of the British government, I have the unpleasant duty of reporting complete incomprehension and incredulity at what Joe Biden and his collaborators encapsulate in the peppy but misleading phrase, “We’re back.”
As one eminent elected British government official put it, “They are not back in any conventional sense of that word. We have worked closely with the Americans for many decades and we have never seen such a shambles of incompetent administration, diplomatic incoherence, and complete military ineptitude as we have seen in these nine months. We were startled by Trump, but he clearly knew what he was doing, whatever we or anyone else thought about it. This is just a disintegration of the authority of a great nation for no apparent reason.”
Before the 2018 midterm elections, Trump’s political advisors were thinking about the president’s re-election bid and noticed a curious commonality among incumbent presidents who didn’t get re-elected: they all faced challengers from within their own party.
Five U.S. presidents since 1900 have lost their bids for a second term. William Taft lost to Woodrow Wilson, Herbert Hoover lost to Franklin Roosevelt, Gerald Ford lost to Jimmy Carter, Jimmy Carter lost to Ronald Reagan, and George H. W. Bush lost to Bill Clinton. While each election is determined by unique factors, all five of these failed incumbents dealt with internal party fights or serious primary challenges.