•  Joe Biden could brazenly attempt to claim today that “wages have gone up faster than inflation.”
  • According to the Bureau of Economic Analysis (BEA) in September alone inflation:
  • “increased 4.4 percent from one year ago. Energy prices increased 24.9 percent while food prices increased 4.1 percent. ” (link)
  • Meanwhile according to the Bureau of Labor and Statistics, wages increased 0.7% year over year.   Inflation is six times higher than wage growth.


(data link)

Source: theconservativetreehouse.com

Biden Lies About Wages As Americans Get Poorer Amid Inflation Surge
  • Statistics released from the Bureau of Labor Statistics show that inflation has prevented the average American worker from reaping the benefits, FBN reported.
  • Real average hourly wages, which is wages adjusted to the cost of goods and services, declined about 0.8% in the month of September. Real average hourly earnings have been on the decline in the last year with a 0.9% decline in August, a 1.2% decline in July, and a 1.7% decline in June, FBN reported. (RELATED: Biden Blames Russia, OPEC Nations For Skyrocketing Gas Prices)
  • The Consumer Price Index (CPI) increased 0.4% in September, bringing the year-over-year inflation increase to 5.4%, according to the U.S. Bureau of Labor Statistics.
  • Gas and food prices also increased by 1.2% in the month of September. Companies across the U.S. are raising their wages and cutting back on hours due to labor shortages.

Source: dailycaller.com