The Economist Don T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The president put out real wages for the average american worker higher than it was before the pandemic, with lower wage workers seeing the largest gains. that s bidenomics. he s taking credit for what s not actually happening. january 2021, $11.39 an hour was the average hourly earnings. as of june 2023, $11.03. that is lower. the change is $0.36 per hour, a drop of over 3%. both of you know this, the economist don t speak in nominal terms, they work in real terms. it s adjusted for inflation. even if we happen to be going up, and inflation is going up faster, that s why we are all poor and losing money. if you think about the way economics works, it s on an inflation adjusted basis. i like how you put it, he s taking credit for things that didn t happen. the sad thing for him, of course, nobody buys it ....

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