Liberal media are declaring Bidenomics a success – but, hard numbers tell a much different story, regardless of whether the measure is how much Americans are paying, earning or saving.
Gas prices:
While gas prices held steady under Pres. Donald Trump (down four cents a gallon), they’ve surged 42% in the first 34 months of Pres. Joe Biden’s term. From January 2021 to November of this year, the average price of a gallon of gas (all grades) has increased from $2.42 to $3.44, according to the U.S. Energy Information Administration.
Real Wages:
After accounting for inflation, real wages earned by Americans have declined under Biden. In the first quarter of 2021, median weekly real earnings averaged $373. But, by the third quarter of this year, average real earnings had fallen to $365.
Under Trump, however, real wages rose from $352 on January 1,…
