Americans get the most severe pay cut in 25 years due to Bidenflation

[marvin martian]

The Biden regime is a failure by every measure possible.

Americans see 'most severe' pay cut in 25 years due to inflation

(The Center Square) – Americans are experiencing the biggest pay cut in decades in large part due to inflation, new data shows.

www.thecentersquare.com

(The Center Square) – Americans are experiencing the biggest pay cut in decades in large part due to inflation, new data shows.

The Federal Reserve Bank of Dallas, one of several regional Fed banks around the country, released new wage and price data, and it isn’t good news for Americans.

“We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year,” the bank said. “For these workers, the median decline in real wages is a little more than 8.5 percent. Taken together, these outcomes appear to be the most severe faced by employed workers over the past 25 years.”

 

[Sixties Fan]

[ Biden will take the blame. But how many times must one put the blame on the administration? What control do they have over the oil prices, supply-chain shortage, etc? Here are the actual reasons for the inflation. It affects anyone who does not have enough saved, etc, etc. Those in Florida hit by IAN are even worse, right now.]

Why is the inflation rate so high 2022?


The current high inflation rate can be attributed to many different factors, many of which are a result of the Covid-19 pandemic. Gapen pins rising prices on three general causes — increases in household demand and supply-chain shortages due to the pandemic, the war in Ukraine and the presence of a strong labor market.Jul 29, 2022

Why Is Inflation So High? An Economist Weighs In - CNBC​

https://www.cnbc.com › select › why-is-inflation-so-high



Search for: Why is the inflation rate so high 2022?


What is causing the US inflation?


What causes inflation? It can be the result of rising consumer demand. But inflation can also rise and fall based on developments that have little to do with economic conditions, such as limited oil production and supply chain problems. Is inflation bad?Jun 11, 2022

Inflation in the U.S.: What You Need to Know - The New York Times​

 

[marvin martian]

[ Biden will take the blame. But how many times must one put the blame on the administration? What control do they have over the oil prices, supply-chain shortage, etc? Here are the actual reasons for the inflation. It affects anyone who does not have enough saved, etc, etc. Those in Florida hit by IAN are even worse, right now.]

Why is the inflation rate so high 2022?


The current high inflation rate can be attributed to many different factors, many of which are a result of the Covid-19 pandemic. Gapen pins rising prices on three general causes — increases in household demand and supply-chain shortages due to the pandemic, the war in Ukraine and the presence of a strong labor market.Jul 29, 2022

Why Is Inflation So High? An Economist Weighs In - CNBC​

https://www.cnbc.com › select › why-is-inflation-so-high



Search for: Why is the inflation rate so high 2022?


What is causing the US inflation?


What causes inflation? It can be the result of rising consumer demand. But inflation can also rise and fall based on developments that have little to do with economic conditions, such as limited oil production and supply chain problems. Is inflation bad?Jun 11, 2022

Inflation in the U.S.: What You Need to Know - The New York Times​

Regime propaganda outlets are not reliable sources.

 

[Sixties Fan]

Regime propaganda outlets are not reliable sources.

Calling everything which is factual "regime propaganda" does not lead to the truth, for anyone.

Had it happened during the Bush or Trump time, the chain issue, or the Russian war on Ukraine and the cutting of oil the........the results would have been the same.

I would not be putting the blame on those administrations as you are on this one, specifically to influence people during an election cycle.

 

[Mac-7]

[ Biden will take the blame. But how many times must one put the blame on the administration? What control do they have over the oil prices, supply-chain shortage, etc? Here are the actual reasons for the inflation. It affects anyone who does not have enough saved, etc, etc. Those in Florida hit by IAN are even worse, right now.]

Why is the inflation rate so high 2022?


The current high inflation rate can be attributed to many different factors, many of which are a result of the Covid-19 pandemic. Gapen pins rising prices on three general causes — increases in household demand and supply-chain shortages due to the pandemic, the war in Ukraine and the presence of a strong labor market.Jul 29, 2022

Why Is Inflation So High? An Economist Weighs In - CNBC​

https://www.cnbc.com › select › why-is-inflation-so-high



Search for: Why is the inflation rate so high 2022?


What is causing the US inflation?


What causes inflation? It can be the result of rising consumer demand. But inflation can also rise and fall based on developments that have little to do with economic conditions, such as limited oil production and supply chain problems. Is inflation bad?Jun 11, 2022

Inflation in the U.S.: What You Need to Know - The New York Times​

What is this “increasing household demand and supply chain shortages due to the pandemic” nonsense?

Are Americans suddenly eating so much more than before?

Shutting down the economy for a year was a stupid idea that Trump warned us against

It threw everything out of kilter

red china, the apple in the eye of globalists who think making things in America is passé, is still taking Dr Fauci’s advice and shutting down their economy

Gasoline shortages and higher prices are thanks to the wacko environmentalists here and in europe who want to strangle oil production

But our problems are correctable after sweeping biden and the democrats out of power

 

[Sixties Fan]

What is this “increasing household demand and supply chain shortages due to the pandemic” nonsense?

Are Americans suddenly eating so much more than before?

Shutting down the economy for a year was a stupid idea that Trump warned us against

It threw everything out of kilter

red china, the apple in the eye of globalists who think making things in America is passé, is still taking Dr Fauci’s advice and shutting down their economy

Gasoline shortages and higher prices are thanks to the wacko environmentalists here and in europe who want to strangle oil production

But our problems are correctable after sweeping biden and the democrats out of power

And if the Republicans take the Congress and Senate and Presidency and the problems do continue, while the same world problems will continue you will find a way to continue blaming the Democrats because the Republican leaders are going to do exactly that, and all of those who follow their words now, will continue to follow their words then, regardless of what is actually causing anything.

 

[okfine]

What is this “increasing household demand and supply chain shortages due to the pandemic” nonsense?

Are Americans suddenly eating so much more than before?

Shutting down the economy for a year was a stupid idea that Trump warned us against

It threw everything out of kilter

red china, the apple in the eye of globalists who think making things in America is passé, is still taking Dr Fauci’s advice and shutting down their economy

Gasoline shortages and higher prices are thanks to the wacko environmentalists here and in europe who want to strangle oil production

But our problems are correctable after sweeping biden and the democrats out of power

Gasoline shortages? I haven't seen those. Prices? Yes.

 

[Sixties Fan]

Gasoline shortages? I haven't seen those. Prices? Yes.

They do forget the federal reserve, which Biden released and brought the prices down.

It is done in any administration in a case like this.

 

[BULLDOG]

[ Biden will take the blame. But how many times must one put the blame on the administration? What control do they have over the oil prices, supply-chain shortage, etc? Here are the actual reasons for the inflation. It affects anyone who does not have enough saved, etc, etc. Those in Florida hit by IAN are even worse, right now.]

Why is the inflation rate so high 2022?


The current high inflation rate can be attributed to many different factors, many of which are a result of the Covid-19 pandemic. Gapen pins rising prices on three general causes — increases in household demand and supply-chain shortages due to the pandemic, the war in Ukraine and the presence of a strong labor market.Jul 29, 2022

Why Is Inflation So High? An Economist Weighs In - CNBC​

https://www.cnbc.com › select › why-is-inflation-so-high



Search for: Why is the inflation rate so high 2022?


What is causing the US inflation?


What causes inflation? It can be the result of rising consumer demand. But inflation can also rise and fall based on developments that have little to do with economic conditions, such as limited oil production and supply chain problems. Is inflation bad?Jun 11, 2022

Inflation in the U.S.: What You Need to Know - The New York Times​

Common sense and reason don't matter. They want to blame Biden, so they blame Biden.

 

[Mac-7]

And if the Republicans take the Congress and Senate and Presidency and the problems do continue, while the same world problems will continue you will find a way to continue blaming the Democrats because the Republican leaders are going to do exactly that, and all of those who follow their words now, will continue to follow their words then, regardless of what is actually causing anything.

If republicans cant do the job then the nation is probably lost

Because voting the cause of our problem back into office will only make things worse

 

[Fueri]

That 8.5 decrease represents an entire month's income or nearly 2 workdays per month simply lost.

Potato has been in office for nearly 2 years. He cannot simply be devoid of blame.

 

[Lisa558]

Regime propaganda outlets are not reliable sources.

Agree. He quotes leftist sources that naturally will try to hide Biden’s role in making inflation worse. Here’s the counterbalance, explaining why Biden bears a lot of the blame:

Biden isn’t fooling anyone ⁠— inflation is his fault and he has no solution to fix it

President Joe Biden can’t even stumble his way out of talking about record-high inflation – much less offer an economic solution, Michael Goodwin writes.

nypost.com

 

[HereWeGoAgain]

They do forget the federal reserve, which Biden released and brought the prices down.

It is done in any administration in a case like this.

Taking from the reserve is about the dumbest thing you can do.
Especially when it's done for political reasons.

 

[Mac-7]

Common sense and reason don't matter. They want to blame Biden, so they blame Biden.

America is not a socialist dictatorship yet

So the democrat message of telling the voters that they must accept the hard times is not going to fly

 

[Blaster]

That 8.5 decrease represents an entire month's income or nearly 2 workdays per month simply lost.

Potato has been in office for nearly 2 years. He cannot simply be devoid of blame.

Pain at the pump and higher food costs is a big reason that Republican candidates will do well in the midterm election.

 

[initforme]

Yes there is inflation. Easy to see. Labor shortage? Where? And a labor shortage doesn't hurt an economy. Secondly we should not force people into the workforce. Lower the retirement age.

 

[Mac-7]

Gasoline shortages? I haven't seen those. Prices? Yes.

The shortages are relative supply and demand on the world market

Notice that biden is draining the oil reserve but sending it to china

 

[Sixties Fan]

Taking from the reserve is about the dumbest thing you can do.
Especially when it's done for political reasons.

There was no political reason, but in your mind.

Everybody's pockets, including mine, are saying thank you.

It would have been the same had Trump done it.

 

[HereWeGoAgain]

There was no political reason, but in your mind.

Everybody's pockets, including mine, are saying thank you.

It would have been the same had Trump done it.

So it brought down prices a few cents for a month or so.
Now it has to be replaced at a much higher price and the taxpayers are paying for it.
Not to mention biden is taking from the reserve and selling it to other countries.
How exactly does that help Americans?

 

[marvin martian]

So it brought down prices a few cents for a month or so.
Now it has to be replaced at a much higher price and the taxpayers are paying for it.
Not to mention biden is taking from the reserve and selling it to other countries.
How exactly does that help Americans?

Joe Biden has put the personal wealth of his family ahead of our country for his entire career. This is the result of that.