Bidenomics, Baby! Salaries Have Fallen 8.2% Over The Last Five Years

Posted • July 2, 2024: The Biden administration keeps telling the economy is great -- the best ever, Jack! -- and we're just not looking in the right places to see it. The problem is, Americans are looking in the right places -- gas, groceries, mortgages -- while the political class has decided to ignore those very big things. https://twitchy.com/dougp/2024/04/25/biden-economic-adviser-says-economy-is-solid-than-ever-if-you-dont-look-at-all-the-bad-stuff-n2395521 -- And here's another big of bad news for Bidenomics: Salaries have fallen by an average of 8.2% in the last five years, per Moneywise. Despite this, house prices have risen by an average of 56% in the last 5 years. 97% of occupations' salaries have failed to keep up with inflation over the last five years. (…)

• More at: Twitchy - Bidenomics, Baby! Salaries Have Fallen 8.2% Over the Last Five Years
https://twitchy.com/amy-curtis/2024/07/02/bidenomics-baby-salaries-have-fallen-82-over-the-last-five-years-n2397853
Unusual Whales: Salaries have fallen by an average of 8.2% in the last five years
https://unusualwhales.com/news/salaries-have-fallen-by-an-average-of-8-2-in-the-last-five-years