"The decline in median real wages over Biden's first two years explains why some Americans feel pessimistic about the economy.
'Bidenomics,”
according to a recent document from the White House, “is rooted in the simple idea that we need to grow the economy from the middle out and the bottom up -- not the top down.” Judged by its own standards, then, Bidenomics has so far been a failure. Economists and historians often
look at real wages -- wages adjusted for inflation. And by one measure of real wages, judged by his first two years in office, Biden is the worst president for America’s middle class in the last 40 years."
Bidenomics a Failure for Middle-Class Americans | National Review
'Bidenomics' Is Bashing The Middle Class“Bidenomics” has cost the middle class $2 trillion since March, 2022. Biden claims his policies have helped to “
lower costs for families,”
get Americans to work, and
encourage domestic industries to grow. But a new report
reveals that the average real wealth for middle-class households has dropped
more than $33,000 in just the past year. Bidenomics isn’t “
building an economy from the middle out and the bottom up,” it’s hollowing the middle class out.
- Per the report: "By the middle of 2022, middle-class households were spending $8,000 more each year than in 2019."
- "Household spending on transportation — including gas — is up 16.5% just in the past year."
- "The monthly mortgage payment on a median-priced home with a 10% down payment is now $2,342 — almost double the cost in early 2021."
- Only 39% of middle-class Americans expect their conditions to improve under Joe’s Bidenomics.
- Bidenomics isn’t working, and neither are Biden’s lies.
FACT CHECK BIDEN | 'Bidenomics' Is Bashing The Middle Class
You cannot stop lying and sucking braindead biden's dick because you have been **** and fooled by the lying lapdog for the dim-0-craps media's propaganda and LIES!!!