Its annual report shows how inflation has gutted real household incomes.
You almost have to admire the brass of the Biden White House.
The Census Bureau reported Tuesday that Americans are poorer under Bidenomics, and the President quickly changed the subject to blame Republicans for rising child poverty on his watch. As usual, too many in the press corps bought the spin.Continue reading your article with
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Bidenomics Broke America: Real Household Income Suffers Biggest Drop In 12 YearsAfter taxes, median real income fell 8.8 percent last year. | Economy
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Bidenomics is unpopular for good reasonDemocrat strategists and pundits can’t figure out why everyone doesn’t love Bidenomics. As one member of the political elite fumed in a recent New York Times article, despite President Biden’s allegedly stellar economic policies, the American people mistakenly think they’re worse off.
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'Bidenomics' Won't Save America—But Neither Will ReaganomicsAny conservative candidate for office will have an opportunity to articulate an economic plan that really does help all Americans.
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Kemp blames 'Bidenomics' for soaring gas prices as he suspends fuel taxGov. Brian Kemp (R-GA) announced on Tuesday that he would be suspending the gas tax in the Peach State through an executive order while blaming President Joe Biden's handling of the economy.
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Bidenomics strikes again: Real household income suffers biggest drop since Great RecessionNominally, households earned more money in 2022 than they did in 2021. But thanks to inflation caused by Bidenomics, real household income (that is, income adjusted for inflation) not only fell, but fell by an amount not seen since the Great Recession.
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Biden’s ambitious anti-poverty battle just took a hit — and so might ‘Bidenomics’The child poverty rate more than doubled in 2022 as Covid-era aid programs expired, erasing major economic gains for the poorest Americans.
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