by Amy Curtis
The Biden administration keeps telling the economy is great — the best ever, Jack! — and we’re just not looking in the right places to see it.
The problem is, Americans are looking in the right places — gas, groceries, mortgages — while the political class has decided to ignore those very big things.
And here’s another big of bad news for Bidenomics:
Salaries have fallen by an average of 8.2% in the last five years, per Moneywise.
Despite this, house prices have risen by an average of 56% in the last 5 years.
— unusual_whales (@unusual_whales) July 1, 2024
Wait. Biden himself told us wages were outpacing inflation.
97% of occupations' salaries have failed to keep up with inflation over the last five years.
Read more: https://t.co/MmEq5y93lb
— unusual_whales (@unusual_whales) July 2, 2024
Oh.
That isn't what Joe Biden is telling us.
— Gunther Eagleman™ (@GuntherEagleman) July 1, 2024
He lied? We’re shocked.
We’ve been reassured he’s the truth-teller in this election.
Is this that Build Back Better we’ve heard so much about.
— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) July 1, 2024
Yes it is.
Isn’t it grand?
The data that comes out seems to contradict what the Yellen has been sharing with the people.
Inflation wasn't transitory and pay raises never kept up with inflation.
— floridanow1 (@floridanow1) July 1, 2024
She lied too!?
We’re stunned.
Not.
And you will never hear them talk about things like this in the debates smh
— Wizard Oz (@wizardozbtc) July 1, 2024
They touched on it in the last debate, but the GOP needs to hammer home the fact that inflation is a regressive tax on everyone, but especially the middle- and lower-class.
So if salaries are down 8% and prices are up 100%
How are people paying for things
— Alex Berman 👑 Galadon (@alxberman) July 1, 2024