The Biden Recession

ProV1 said:
10.25% growth over June'21. Awesome. Thanks Joe!

https://tradingeconomics.com/united-states/wage-growth
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How much does the President alter your daily life? The only time I had to change my daily life was when the nationwide shutdown was put into effect. I don't blame that on Trump nor do I blame most of the worldwide issues on Biden. I still go where I want and do what I want. I may not agree 100% with some of the bills being passed but I haven't seen anything that I have seen that infringes on my personal freedoms. I still feel on a local life, it is what you make it. I think the biggest threat facing our nation is a number of individuals unwilling to work and looking for a hand out. A decent living is there for the taking for those willing to take it.
 
ProV1 said:
That is easy to do. Just pull an inflation chart by year. Examples:
4% wage growth with 2% inflation is +2% (2017) .
12% wage growth with 5% inflation is +7%. (2021).
10% wage growth with 8% inflation is +2%. (2022).
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Though you likely are paid for the trolling and the lies, please at least stop they lying.

Real wages are down, thanks to the biden regime and the radical socialists in that regime and in congress.


Real Earnings Summary - 2022 M07 Results​

https://www.bls.gov › news.release › realer.nr0.htm



Real average hourly earnings decreased 3.0 percent, seasonally adjusted, from July 2021 to July 2022.


Inflation Rate Hits 40-Year High, Driving 'Real' Wages Down​

https://www.shrm.org › hr-topics › compensation › pages



Real (inflation adjusted) average hourly earnings fell 2.7 percent, seasonally adjusted, from March 2021 to March 2022, the BLS separately reported on April 12.

Average real wage growth in first half of 2022 falls to negative ...​

https://www.youtube.com › watch



Aug 10, 2022 — With the price level up by more than 3%, the real salary average actually experienced negative growth for the first time in six years.


Inflation and Declining Real Wages Through May​

https://perc.tamu.edu › PERC-Blog › PERC-Blog › Infl...



Jun 13, 2022 — The Bureau of Labor Statistics (BLS) just released the Consumer Price Index for May 2022 and the price level rose 1% last month.
 
Qcity said:
Though you likely are paid for the trolling and the lies, please at least stop they lying.

Real wages are down, thanks to the biden regime and the radical socialists in that regime and in congress.


Real Earnings Summary - 2022 M07 Results​

https://www.bls.gov › news.release › realer.nr0.htm



Real average hourly earnings decreased 3.0 percent, seasonally adjusted, from July 2021 to July 2022.

Inflation Rate Hits 40-Year High, Driving 'Real' Wages Down​

https://www.shrm.org › hr-topics › compensation › pages



Real (inflation adjusted) average hourly earnings fell 2.7 percent, seasonally adjusted, from March 2021 to March 2022, the BLS separately reported on April 12.

Average real wage growth in first half of 2022 falls to negative ...​

https://www.youtube.com › watch



Aug 10, 2022 — With the price level up by more than 3%, the real salary average actually experienced negative growth for the first time in six years.


Inflation and Declining Real Wages Through May​

https://perc.tamu.edu › PERC-Blog › PERC-Blog › Infl...



Jun 13, 2022 — The Bureau of Labor Statistics (BLS) just released the Consumer Price Index for May 2022 and the price level rose 1% last month.
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I simply told you it is easy to overlay an inflation chart to the wage growth chart.
 
False, you stated we have positive wage growth when we actually have negative wage growth.


Maybe go to confession on your way home, and tomorrow try to be truthful.
 
Look for the downturn to worsen exponentially, especially when winter heating bills arrive and shock the nation. But YOU will be blamed, and climate change will be blamed, not the asinine, insane, radical leftist policies which are directly causing the reliable energy supply shortage and ruining economies.
 
Qcity said:
It's just an attempt at deflection from the FACT that almost every working American has seen a significant decline in real incomes because of the lunacy of the socialists in the biden regime.


People are just not going to take this BS.
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Complete BS. Job market is hot. Get off your lazy arse and increase your income. You don't need skills and don't need to work hard....just show up. If you do have motivation and drive you should be increasing your income 20% in this market.
 
Happier said:
Complete BS. Job market is hot. Get off your lazy arse and increase your income. You don't need skills and don't need to work hard....just show up. If you do have motivation and drive you should be increasing your income 20% in this market.
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Tell your people to get a job.
 
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