Today’s jobs report showed job creation slowing for the second month in a row. In fact, this was the fewest number of jobs created this year. But what’s not slowing down? Inflation.

In fact, the latest data indicates inflation is accelerating and nominal wage growth is slowing. As a result, year-over-year wage growth has been negative every month since Biden passed his $1.9 trillion “stimulus” in March 2021.

As economist Tyler Goodspeed notes, “real wages have been declining” as the rate of inflation is astronomically high between 7% and 9%.

So falling job numbers, surging inflation, and plummeting real wages … that’s the reality of Biden’s economy, and it’s hurting those who can least afford it the most.