Posted on 12/14/2022 7:16:30 AM PST by ChicagoConservative27
Claim: Wages have been rising faster than consumer prices for several months, President Joe Biden said on Tuesday.
“And all of this means that, for the last several months, wages have gone up more than prices have gone up. Wages have gone up more than prices have gone up,” Biden said in remarks made at the White House.
Verdict: False.
Average hourly wages and average weekly wages rose in November by more than the rate inflation—but this was the first time they have done so significantly since August. In September and October, wages and inflation rose at almost the same pace.
Inflation-adjusted average hourly earnings rose by 0.5 percent, reflecting a 0.6 percent increase in hourly earnings and a 0.1 percent rise in the Consumer Price Index. The average workweek, however, contracted a bit, falling to 34.4 hours from 34.5 hours. So average weekly earnings were up just 0.2 percent after adjusting for inflation.
(Excerpt) Read more at breitbart.com ...
And factor in the hours cut because of costs.
Joe Biden can lie all he wants. The pathetic fake opposition party will never hold him accountable because they helped install the SOB. This is why we need a new party. The sooner the GOP dies the death it deserves the sooner we can get serious in the fight to save what remains of America.
How does rising wages help those of us on fixed incomes?
Fear not the WH press sec clown show will walk this back today or tomorrow
Fact Check: Biden has told more lies than any hack in D.C. he
thinks people are as stupid as he is he believes
his own lies.
Your bank account doesn’t lie. People should know what’s really going on. People have or will discover yet again what is occurring when Christmas shopping. I finished Christmas shopping yesterday. My first stop was my credit union app to see the balance in my Christmas savings account. That’s the budget and I am sticking to it. Grandkids get taken care of first. Others not so much. And I noticed Christmas gifts are not as bountiful as previous years because of inflation. Word to the wise: don’t make Christmas this year like previous years by using credit cards.
Now that's real improvement.
Biden is a damn criminal liar and traitor. What else would you expect?
Lying and kiddy porn. Plus the debacle of Afghanistan, inflation, high gas prices, no independence in energy, millions flooding over the border, cheating in the 2020 & 2022 election, mandating COVID shots, giving untold billions to Ukraine, sh!ting his pants and dementia, approval at 28%. And IT ALL MEANS ONE THING...
Joe Biden will be in voted in again.
His party didn’t get ousted in the mid term. And the Republican can’t beat him... in fact, they work for him. Did any of this mean anything to the people? No! They will vote for him again because he gives them things, and they respect his crookedness. They love entertainment... and there is no God, so what what heck... “C’mon man, go with the crazy times. As long as they don’t take away my car... Isn’t that Fetterman wild... man, he’ll be great. He’ll give me things too. He’s like a character in Batman.”
Shucks...if there is any breathing American human being that believes any word uttered by a Biden family member, they must be stoned on reefer, drinking too much or, they are just plain dummies!!! The entire Biden family does not know the word truth exists...”AMEN”!!! Case Closed!!! Me...I am learning to speak, read, and write Chinese!!! The Chinese own the Biden family!!!
My wages are up a bit, now that I’m working two jobs.
I guess we could all go back to work. Ugh.
And he cut the yearly deficit by trillions (by not spending the one time charges again).
The demented old pedophile is a sh*t-faced, lyin’ donkey boinker.
Even if it were true, he’s describing a wage push inflation spiral.
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