Real wages in America under Joe Biden were down again in May.
Americans have seen their wages decrease by 2.7% under Joe Biden.
Real wages in America during the Trump years were up 7.3%.
The latest inflation numbers were released earlier today.
And real wages adjusted for inflation are down for the 26th straight month under Joe Biden – a new American record.
With May’s numbers, this is the 26th straight month of negative real earnings.
This stretch is twice as long as the Global Financial Crisis and represents 93% of Biden’s tenure.
Via Zero Hedge.
The destruction of earnings power continues:
Real (inflation-adjusted) earnings down for a 26th consecutive month. The longest stretch in US history by far (twice as long as the Global Financial Crisis), and represents 93% of Biden’s tenure pic.twitter.com/wbDXqwz0ti
— zerohedge (@zerohedge) June 13, 2023
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