If you’re Not feeling the Train-is-off-the-tracks you’re part of the 37% who say they’re OK either because they are or they’re die-hard Biden Buds.
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Income dropped, poverty soared under Biden: Census Bureau | Just The News
Despite the Biden administration's efforts to tout the alleged successes of "Bidenomics," a report from the United States Census Bureau has revealed that many Americans saw their economic situation deteriorate dramatically in the first half of Biden's term.
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While the official poverty rate hovered around 11.5% in both 2021 and 2022, according to the report, the Supplemental Poverty Measure (SPM) increased 4.6% in 2022 to reach 12.4%, marking the first overall increase in that metric since 2010. In total, 37.9 million Americans lived in poverty in 2022 (a stark measure of Bidenomics).
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Income, meanwhile, dropped across an array of metrics. Real median household income declined by 2.3% from $76,330 to $74,580, while real median earnings of all workers dropped 2.2%.
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Inflation soared 7.8% from 2021 to 2022, marking the largest single-year increase in cost of living since 1981.
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The Census Bureau statement follows some other bad economic news for the president. The unemployment rate in August rose from 3.5% to 3.8% while inflation ticked up to 3.2%, marking the first increase after a consistent, year-long decline.
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And all the while Biden and his minions and his PravdaMedia are touting that Bidenomics is serving the American people well.
Try as they will:
You can't make a silk purse out of a sow's ear.
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Get Your Bidenomics 7.1% Mortgage Now
http://roanokeslant.blogspot.com/2023/08/get-your-bidenomics-71-mortgage-now.html
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Bidenomics: Let Them Eat Cake
Bidenomics: Food prices went up (additional) 4.9% in July
http://roanokeslant.blogspot.com/2023/08/bidenomics-let-them-eat-cake.html
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Bidenomics The Bane Of American Families
http://roanokeslant.blogspot.com/2023/08/bidenomics-bane-of-american-families.html
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-
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And all the while Biden and his minions and his PravdaMedia are touting that Bidenomics is serving the American people well.
Try as they will:
You can't make a silk purse out of a sow's ear.
-
-
Get Your Bidenomics 7.1% Mortgage Now
http://roanokeslant.blogspot.com/2023/08/get-your-bidenomics-71-mortgage-now.html
-
Bidenomics: Let Them Eat Cake
Bidenomics: Food prices went up (additional) 4.9% in July
http://roanokeslant.blogspot.com/2023/08/bidenomics-let-them-eat-cake.html
-
Bidenomics The Bane Of American Families
http://roanokeslant.blogspot.com/2023/08/bidenomics-bane-of-american-families.html
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