FOX Business host Larry Kudlow calls out President Joe Biden for not getting the 'economy straight' on Monday's 'Kudlow.'
was 2 ½ years ago when he first took office. This is part of his "Bottomless Pinocchio." He inherited a 6.5% growth rate with 1.4% inflation from President Donald Trump.
EJ Antoni of the Committee to Unleash Prosperity has shown, using Bureau of Labor Statistics data, that real wages in the bottom quartile fell 2.3%, and dropped 3.9% in the second quartile. For the entire worker spectrum, Bidenomics has produced a 2.1% decline in wages measured after inflation.
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