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How Americans have taken a pay cut every month since Biden took office

He also noted the average American family has lost the equivalent of more than $7,000 in annual income.

There is a direct link between spending, borrowing and printing trillions of dollars, and these disastrous results for Americans.

President Biden has spent trillions of dollars the nation didn’t have.

These unchecked costs drove the deficit to record highs and pushed the debt over $31 trillion.

The Federal Reserve simply created the money for the government to spend, and that devalued the dollar with four-decade-high inflation.

That incredible increase in consumer prices explains why workers feel poorer although they’re making more money.

According to the Bureau of Labor Statistics, average weekly earnings are up 9% since Biden took office, but consumer prices have risen 14.9% over that same time.

The result is that real earnings (meaning earnings adjusted for inflation) are down 5.1% under Biden.

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5 thoughts on “How Americans have taken a pay cut every month since Biden took office”

  1. Biden inflation / Open Border / Closed Pipelines / Food Doubled / Gas Doubled / Living Doubled !!!!!!
    Supporting Illegals / Ukraine War / Giving away Our $$$ Billions to other countries for GREEN !!!!!!

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