Fact Check: Joe’s Wrong on Wages

Joe Biden is misremembering again. Last week, he declared in an interview that “Wage increases have exceeded the cost of inflation.”

Not even close.  Over the three and a half years of the Biden presidency prices are up 19.4% and average weekly earnings up closer to 17%.

Hourly wages are rising, but hours worked are falling, so the take-home pay after inflation is still down, down, down.

This chart from Yahoo Finance confirms what we’ve been saying for many months.

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