The first two years of Biden’s presidency were a catastrophe for real family income, thanks to runaway Bidenflation. Then 2023 showed slight improvement. Bad news: so far in 2024 median earnings are trending down again for the first quarter.
Why? Inflation edged back up and full-time jobs were down as hours worked declined. So far middle-class families have seen their incomes FALL by 3% under Biden’s wonderific economy.