eichengreen186_Bettmann  Contributor_biden carter Bettmann / Contributor

Is Joe Biden Really the New Jimmy Carter?

The incumbent US president is increasingly being compared to the last Democrat to lose his re-election bid. But, beyond the obvious parallels – both confronted popularity-sapping challenges from inflation and foreign-policy disasters – lies a key difference.

FLORENCE – It has become fashionable of late to compare US President Joe Biden in 2023 to Jimmy Carter in 1979. Just as the events of 1979 doomed Carter’s re-election hopes the following year, developments in 2023 are said to have effectively sunk Biden’s bid for a second term in November.

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