No Gains Under Biden

Rapid Response

A new look at household net worth spells (more) bad news for Crooked Joe Biden.

After three years in office, inflation-adjusted household net worth has increased by just 0.7 percent under Biden. In the same period under President Trump, household net worth increased by a whopping 16 percent.

Meanwhile, the same report found stock gains under Biden pale in comparison to President Trump. The Dow Jones Industrial Average is up 28 percent so far under Biden; the Dow was up 57 percent when President Trump left office.

It’s only the latest indictment of the failed Biden economy, where overall prices have risen nearly 20 percent and real average weekly wages have fallen by 4.4 percent.

In recent days:

Employment among U.S. small businesses continued its trend of negative year-over-year growth last month.
43% of small businesses said they were unable to pay their rents in full last month.
A new study found Gen-Z earns less money, has more debt, and has higher rates of delinquencies than their millennial counterparts.
Consumer sentiment in May clocked in FAR below economists’ expectations.

It’s easy to see why two-thirds of voters say the economy is getting WORSE for their families under Biden; it’s what happens when Americans can’t afford basic necessities.

It’s also easy to see why Americans trust President Trump — by double digits — to fix it.