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By Bob Unruh
Joe asserts: ‘Wages are rising faster than prices’
Perhaps it was an untrained intern, perhaps not, but the claim comes out of Joe Biden’s campaign for re-election and it’s getting scorched online.
It’s the wild statement that “Wages are rising faster than prices” and “We’re making real progress.”
Wages are rising faster than prices, incomes are higher than before the pandemic, and unemployment has remained below 4% for the longest stretch in 50 years.
We have more to do to lower costs for hardworking families, but weâre making real progress.
— Joe Biden (@JoeBiden) May 5, 2024
The campaign actually said, “Wages are rising faster than prices, incomes are higher than before the pandemic, and unemployment has remained below 4% for the longest stretch in 50 years. We have more to do to lower costs for hardworking families, but weâre making real progress.”
Of course, not mentioned was the fact that inflation since Biden took office, of some 19%, is hitting Americans hard, as wages have not risen nearly that fast.
The reaction was, well, negative.
Wages are rising faster than prices, incomes are higher than before the pandemic, and unemployment has remained below 4% for the longest stretch in 50 years.
We have more to do to lower costs for hardworking families, but weâre making real progress.
— Joe Biden (@JoeBiden) May 5, 2024
Oh yeah??
How much did YOUR groceries cost last week, Joe?
Mine were $425.
You are a liar, a thief, and a villain. https://t.co/ags3fynwnV
— Wildfire Whispers (@WildfireWhisper) May 6, 2024
There is not one true statement in this post. Not a single one. @CommunityNotes https://t.co/d9pG8nN3CQ
— Frosty (@FrostyTakes) May 6, 2024
"With all due respect, that's a bunch of malarkey." https://t.co/4zV5FxzjSC
— G (@stevensongs) May 6, 2024
Wages are rising faster than prices, incomes are higher than before the pandemic, and unemployment has remained below 4% for the longest stretch in 50 years.
We have more to do to lower costs for hardworking families, but weâre making real progress.
— Joe Biden (@JoeBiden) May 5, 2024
It was NewsnationNow that reported, “For most of the Biden presidency â every month from April 2021 to April 2023 â price increases have outpaced wage growth, eating away at consumersâ purchasing power…
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