Sharp and sustained economic criticism from Biden's ostensible allies established a narrative of failure that has proved alarmingly resistant to reality.
It’s actually the total opposite of that. Inflation-adjusted income is falling for the top 10%, while it’s rising for enough of the lowest-wage earners to boost the overall average picture to inflation-adjusted wage growth every single year, even during monster inflation caused by Covid + supply chain issues + corporate greed.
It’s actually the total opposite of that. Inflation-adjusted income is falling for the top 10%, while it’s rising for enough of the lowest-wage earners to boost the overall average picture to inflation-adjusted wage growth every single year, even during monster inflation caused by Covid + supply chain issues + corporate greed.