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Pay the man ��
BARTIROMO: That's right.
MCCARTHY: President Biden said he's going to bring us back. He's brought us back to the '70s, being held hostage in Afghanistan, oil prices the highest that we have seen, begging OPEC to produce more.
And now we're watching that they are trying to cheat within elections, inflation at a number we have not seen. This is Jimmy Carter on steroids.
Trying to liken President Joe Biden's tenure to the 1970s era of former President Jimmy Carter, which was beset by inflation and oil-related challenges, McCarthy claimed that oil prices are now "the highest that we have seen."
Facts First: McCarthy was wrong. Oil prices under Biden are not even close to the highest we have ever seen. Crude prices peaked in 2008 under Republican President George W. Bush -- more than double their level at the time McCarthy's interview aired Sunday. Crude prices were also higher at various points under Republican President Donald Trump than they were on Sunday.
Last edited by Pete F.; 10-20-2021 at 10:31 AM..
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