[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Former Israeli PM Ehud Olmert says Netanyahu is the real enemy not Iran or Hezbollah

How America Became Unburdened By What Has Been

Asian Man: People are Getting It about NS Germany and US Today,

Israel army withdraws several brigades from southern Lebanon: Report

Opposition to vaccines constitutes antisemitism and the targeting of Jewish biomedical sciences at its core,

Tucker Carlson: America is an oligarchy not a democracy

Biden-Harris Served Eye-Opening $1.78 Trillion Report of New Rules and Regulations

Propaganda Blitzkrieg Erupts After RFK Pledges to Remove Fluoride From Water Supply

JOY COMETH IN THE MORNING! TRUMP WINS, SENATE IS RED, and HOUSE IS LOOKING GOOD! [Livestream starts at 0800 EST]

‘No show’: Kamala Harris ‘not gracious enough’ to speak to her supporters

Rare Bees Nuke Mark Zuckerberg's Plan For Atomic-Powered AI Data Center

Republicans win the Senate. Trump on track to 300 plus elctoral votes.

The Electrical College

Live Election Map with ticker shows every winner.

He’s BREAKING DOWN Already…. [AKA Dak and Pac's Music thread]

Pepe Escobar: Putin & Iran Drop BOMBSHELL on USA-Israel, Netanyahu & Biden Furious Over BRICS

WikiLeaks: 5 Questions For Donald Trump If He Wins

Protests Explode In Tel Aviv After Netanyahu Fires Defense Minister Gallant

Lefties losing it: Rita Panahi mocks ‘beta loser’ John Oliver’s Trump rant

FISCAL ABSURDITY: U.S. adds $104B in debt daily, totaling $655B since September 26

"How Do You Know About Regular People's Suffering?" Jake Sullivan's Wife Gets Destroyed During Debate

Illegal Alien Gangs Taking Root In Our Schools

(Horse is practicing plagiarism here and it is a crime)Is Plagiarism a Crime? Exploring Its Legal Repercussions

ICE Officers Told Not to Wear Uniforms When Voting So They Don't Intimidate Illegals

RFk Jr: Cut Childhood obesity from 50% to 3%. Vote Trump

Nicole Shanahan makes the best MAGA videos.

'Huge shortage' plagues Israeli army as losses mount in Lebanon, Gaza

Carmine is dangerous food additive. And it is red.

Oprah Winfrey Fearmongers at Kamala Harris Rally, Tells Women They May Never Get the Chance to Vote Again

Dr. says the worlds entire blood supply is contaminated with spike protein


National News
See other National News Articles

Title: Americans saw most severe pay cut in 25 years under Biden
Source: [None]
URL Source: https://nypost.com/2022/10/06/ameri ... r-biden/?utm_source=NYPTwitter
Published: Oct 6, 2022
Author: Mike Rivero
Post Date: 2022-10-06 18:10:27 by Horse
Keywords: None
Views: 129
Comments: 1

Americans battered by soaring inflation since President Biden took office have effectively suffered the steepest pay cut in a quarter century, according to data released by the Federal Reserve.

The Federal Reserve Bank of Dallas published new findings which calculated “real wages” — the amount of money Americans take home when adjusted for inflation.

“We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year,” the bank said.

“For these workers, the median decline in real wages is a little more than 8.5%.”

The Dallas Fed added: “Taken together, these outcomes appear to be the most severe faced by employed workers over the past 25 years.”


Poster Comment:

the median decline in real wages is a little more than 8.5%.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Horse (#0)

the median decline in real wages is a little more than 8.5%.

That is not near enough because most people still support democrat and liberal republicans that vote with democrats.

DWornock  posted on  2022-10-06   20:38:15 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]