Trump helped the middle class, poor, minorities, women.....
Biden? He's screwing them. "Worse off" than they were a year ago.....
https://www.foxbusiness.com/money/inflation-erode-american-wages-april-2022
The tightest labor market in decades is fueling rapid wage growth for millions of Americans, but sky-high inflation is quickly eroding those gains.
The Labor Department reported on Wednesday that average hourly earnings for all employees actually declined 2.6% in April from the same month a year ago when factoring in the impact of rising consumer prices. On a monthly basis, average hourly earnings dropped 0.1% in March, when accounting for the inflation spike.
By that measure, the typical U.S. worker is actually worse off today than they were a year ago, even though nominal wages are rising at the fastest pace in years. That's because consumers are confronting the highest inflation in a generation, which has quickly diminished their purchasing power.
Biden? He's screwing them. "Worse off" than they were a year ago.....
Inflation gave most Americans a 2.6% wage cut in April
https://www.foxbusiness.com/money/inflation-erode-american-wages-april-2022
The tightest labor market in decades is fueling rapid wage growth for millions of Americans, but sky-high inflation is quickly eroding those gains.
The Labor Department reported on Wednesday that average hourly earnings for all employees actually declined 2.6% in April from the same month a year ago when factoring in the impact of rising consumer prices. On a monthly basis, average hourly earnings dropped 0.1% in March, when accounting for the inflation spike.
By that measure, the typical U.S. worker is actually worse off today than they were a year ago, even though nominal wages are rising at the fastest pace in years. That's because consumers are confronting the highest inflation in a generation, which has quickly diminished their purchasing power.
