Bidenomics: Two Years of Falling Incomes

Americans haven’t had a raise after inflation in 24 months, causing falling incomes amidst the Biden Administration's fiscal policies. Bidenomics is a bust for the middle class.

April 18, 2023 . 3:58 PM

1 min read

Americans have not had a pay raise after inflation for 24 consecutive months, the longest streak in American history.
Since President Biden took office, families have lost the equivalent of $7,400 worth of income.
Average weekly earnings after inflation hit a low of $322.96 in June 2022, representing a decline of 3.6% over two years.
Bidenomics has been a bust for the middle class that Mr. Biden claims to champion.