Biden Fact-Checked on Wage Claims
On Sunday, President Biden tweeted, “Right now, real wages for the average American worker is higher than it was before the pandemic, with lower wage workers seeing the largest gains. That's Bidenomics.”
That claim was quickly fact-checked by numerous experts and Twitter Community Notes:
The tweet’s claim about real wages contains a factual error. On 3/15/20 when US COVID lockdowns began real wages adjusted for inflation (AFI) were $11.15. As of 7/16/23 real wages AFI are $11.05. Real wages AFI remain lower (not higher) than before the pandemic. cdc.gov/museum/timelin…. ycharts.com/indicators/us_….
Marc Lotter of the America First Policy Institute puts it in simple terms, tweeting, “In 25 of 27 months you’ve been in office paychecks haven’t kept up with price hikes. Prices have risen faster under you in 2.5 years than any other president’s entire four years dating back to the 80’s. Bidenomics is a failure & Americans are literally paying dearly for it.”
RELATED: Joe Biden’s ‘Bidenomics’ tour a risky bet as jobs market cracks (The Hill)
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