Joe Biden keeps on lying about wages. Unfortunately for the American people, Biden’s lies aren’t paying the bills.
Our folks at FactCheckBiden.com aren’t letting him get away with it. Here are the facts:
In his newest absurd claim, Biden now wants credit for wage gains that happened before he became president. In reality, Joe’s “Bidenomics” is hollowing out the middle class and forcing Americans to accept lower real wages. Biden’s economic fantasy couldn’t be further from the truth Americans are facing.
- Under Joe’s Bidenomics, persistent inflation has eaten away at wage gains, and more and more Americans have struggled financially.
- Bidenflation outpaced wages for a majority of Biden’s presidency – real average hourly earnings were negative for 25 months and real average weekly earnings were negative for 26 months.
- 57 percent of workers are reportedly living paycheck-to-paycheck.
- Since February 2021, real hourly wages have decreased by 3 percent.
- Over the same period of time, the decline in real average weekly earnings has been even worse, declining 3.6 percent.
- The reality of Joe’s Bidenomics is simple: lower wages and higher costs.
