President Biden

[Box Ox]

Thank you Mr President. US wages jump by the most in records dating back 20 yearsView attachment 368553

Oops

Despite higher wages, inflation gave the average worker a 2.4% pay cut last year

Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.

www.cnbc.com

"Average pay also jumped significantly in 2021 — to more than $31 an hour, a 4.7% annual increase, the Labor Department reported Friday.

Despite that pay bump, higher consumer prices ate into household budgets. In effect, the average worker got a 2.4% pay cut last year, according to seasonally adjusted data published by the Labor Department.

“In what was the best year for wage growth that we have seen in many, many years, it still comes up as a loss for many households,” said Greg McBride, chief financial analyst for Bankrate. “Their expenses increased even faster and chewed up all of the benefit of whatever pay raise they had seen.”

 

[PT Stewie]

My social security went up 5.9% but inflation is a 7%

 

[oldngray]

My social security went up 5.9% but inflation is a 7%

My defined Teamster pension went up 0%

 

[tonyexpress]

Oops

Despite higher wages, inflation gave the average worker a 2.4% pay cut last year

Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.

www.cnbc.com

"Average pay also jumped significantly in 2021 — to more than $31 an hour, a 4.7% annual increase, the Labor Department reported Friday.

Despite that pay bump, higher consumer prices ate into household budgets. In effect, the average worker got a 2.4% pay cut last year, according to seasonally adjusted data published by the Labor Department.

“In what was the best year for wage growth that we have seen in many, many years, it still comes up as a loss for many households,” said Greg McBride, chief financial analyst for Bankrate. “Their expenses increased even faster and chewed up all of the benefit of whatever pay raise they had seen.”

Be careful, trolls don't like to be all informed and everything. It messes with their narrative that everything under Biden is going spectacular...

 

[zubenelgenubi]

Oops

Despite higher wages, inflation gave the average worker a 2.4% pay cut last year

Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.

www.cnbc.com

"Average pay also jumped significantly in 2021 — to more than $31 an hour, a 4.7% annual increase, the Labor Department reported Friday.

Despite that pay bump, higher consumer prices ate into household budgets. In effect, the average worker got a 2.4% pay cut last year, according to seasonally adjusted data published by the Labor Department.

“In what was the best year for wage growth that we have seen in many, many years, it still comes up as a loss for many households,” said Greg McBride, chief financial analyst for Bankrate. “Their expenses increased even faster and chewed up all of the benefit of whatever pay raise they had seen.”

It seems he really is working for the 1%, in every sense of the word.

 

[Swanson]

Is anybody watching this morons marathon press conference?

 

[oldngray]

Is anybody watching this morons marathon press conference?

I just looked at it. Mumbles can't even utter a coherent sentence.

 

[Lineandinitial]

I just looked at it. Mumbles can't even utter a coherent sentence.

He barely finishes every 5th or 6th sentence.
What he does manage to say is useless in terms of an answer!

 

[Swanson]

He barely finishes every 5th or 6th sentence.
What he does manage to say is useless in terms of an answer!

The newsmax guy just roasted him

 

[Babagounj]

And everybody had to wait 78 days for this proof that he has lost his mind ?

 

[Box Ox]

I just looked at it. Mumbles can't even utter a coherent sentence.

He sounds great to @Working4the1% and @Turdferguson !

 

[Box Ox]

Biden was asked by a reporter how he's going to win back moderates given his bad polling numbers with the group. Biden said he doesn't believe the polls and moved on to the next question.

You'll be hearing from the moderates in November, idiots.

 

[Swanson]

Biden was asked by a reporter how he's going to win back moderates given his bad polling numbers with the group. Biden said he doesn't believe the polls and moved on to the next question.

View attachment 368585

You'll be hearing from the moderates in November, idiots.

What about when the newsmax guy asked him about being mentally competent, he skipped the question.

 

[Box Ox]

What about when the newsmax guy asked him about being mentally competent, he skipped the question.

That didn't bother me as much. We all know he's mentally gone. Just a matter of who will admit it.

 

[Jkloc420]

That didn't bother me as much. We all know he's mentally gone. Just a matter of who will admit it.

Not the people who voted for him

 

[DELACROIX]

That didn't bother me as much. We all know he's mentally gone. Just a matter of who will admit it.

Thank God he isn’t really running the country..wink, wink, nod, nod..

 

[rod]

Thank God he isn’t really running the country..wink, wink, nod, nod..

Those who are aren't any better. They are doing a lousy job of it.

 

[Working4the1%]

Oops

Despite higher wages, inflation gave the average worker a 2.4% pay cut last year

Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.

www.cnbc.com

"Average pay also jumped significantly in 2021 — to more than $31 an hour, a 4.7% annual increase, the Labor Department reported Friday.

Despite that pay bump, higher consumer prices ate into household budgets. In effect, the average worker got a 2.4% pay cut last year, according to seasonally adjusted data published by the Labor Department.

“In what was the best year for wage growth that we have seen in many, many years, it still comes up as a loss for many households,” said Greg McBride, chief financial analyst for Bankrate. “Their expenses increased even faster and chewed up all of the benefit of whatever pay raise they had seen.”

You can always adjust your spending. Can’t adjust your wages so easily

 

[Box Ox]

You can always adjust your spending. Can’t adjust your wages so easily

Those most affected by our runaway inflation typically don't have much, if any, discretionary spending to adjust.

Hopefully your post thanking Biden for our current economic situation was more of a @Turdferguson style troll post and not made out of genuine ignorance. Because if it was.....wow.

 

[Wilson1397]

You can always adjust your spending. Can’t adjust your wages so easily

Couldn’t people have adjusted their spending before?