REAL WAGES ARE DOWN since Biden took over due to his inflation. SEE 4th Graph.
The article summary…
Nevertheless, in each of the three macroeconomic metrics we’re using to evaluate purchasing power, Scott is correct that the typical American’s income and wages have failed to keep pace with inflation since Biden entered the presidency.
The article summary…
Nevertheless, in each of the three macroeconomic metrics we’re using to evaluate purchasing power, Scott is correct that the typical American’s income and wages have failed to keep pace with inflation since Biden entered the presidency.
Competing Narratives on Real Wages, Incomes Under Biden - FactCheck.org
In recent weeks, Treasury Secretary Janet Yellen and Sen. Tim Scott offered seemingly contradictory claims when discussing the impact of inflation on the typical American's wages and income. Both can cite economic data that support their claims. The difference is the starting point of their...
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