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Economy
Twice as Many Americans Say They Are Worse Off Economically After 2023's Bidenomics
2024-01-09
[Breitbart] Nearly half of Americans say they are worse off economically than they were a year ago, a recent survey from Rasmussen shows.

The survey of 1,102 Americans taken just after Christmas found that 45 percent of Americans say they are worse off economically than they were a year ago. Just 23 percent say they are better off, a 22-point gap.

Twenty-nine percent say they treaded water last year, with their finances about the same as they were a year ago.

The poll highlights the failure of the Biden administration’s push to convince Americans that what the president calls “Bidenomics” has been a boon for the country.

Inflation—or, as Biden critics call it, Bidenflation—is a major reason many Americans feel they are falling behind. Consumer prices increased 3.1 percent in the 12 months through November, the most recent data available. In the prior 12-month period, prices went up 7.1 percent. Since Biden took office, consumer prices are up 16.8 percent.

While average hourly wages increased at a faster pace than prices in the 12 months through November, workers are still behind over the longer term. Since Biden took office, average hourly wages are up 14.3 percent, two-and-half points below the inflation watermark.
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Posted by:NoMoreBS

#2  But so many of them will still vote for a stuffed couch if it has (D) behind its name come November.
Posted by: Procopius2k   2024-01-09 20:23  

#1  
"E.J. Antoni, Ph.D.
@RealEJAntoni
·
Follow
Dec jobs report 🧵: there's SO much bad news under the hood of this report, including the economy shedding 1.5 million full-time jobs in a single month, big downward revisions, and a true unemployment rate between 6.4% and 7.5% - here's the truth you should know..."

https://twitter.com/i/status/1744474498831704306

https://dailycaller.com/2024/01/08/quarter-jobs-gained-2023-didnt-exist/
Posted by: NoMoreBS   2024-01-09 13:44  

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