Americans are seeing the worst pay cut in 25 years under Biden.
The New York Post reported on real wage destruction under Biden:
Americans battered by soaring inflation since President Biden took office have effectively suffered the steepest pay cut in a quarter-century, according to data released by the Federal Reserve.
Researchers for the Federal Reserve Bank of Dallas published new findings that calculated “real wages” — the effective income of workers when adjusted for inflation.
“We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year,” the researchers said. “For these workers, the median decline in real wages is a little more than 8.5%.”
“Taken together, these outcomes appear to be the most severe faced by employed workers over the past 25 years,” the researchers added.
And to think > NO TALK OF IMPEACHMENT !!!!! How much more are YOU going to let Biden Do ?????? !!!!
A great question for the spineless republicans
Need New Stronger Republican Party !!! Get TOUGH Get some BACKBONE STICK TOGETHER
Weaklings & RINOS Must GO !!!!
Stop Obama’s Retirement package !!!!
Obama controls stupid Joe !!!
Obama Pelosi Hillary control Biden !!!!
Biden was all Factored in with Kamala in the Democrat Perfect 2020 Coup !!!! Biden Can’t be impeached
because Everyone Hates Kamala & she is worse !! Plus Dems have Both Houses of Congress to RAM EVERY
PORK BILL through & Spend ALL the Trillions they Like , while Ruining America & Controlling FBI DOJ
All in the name of GREEN !!!!!