Earlier this week, President Joe Biden’s team shared a message about wages on the @POTUS Twitter account; the tweet was flagged and context was quickly added to the claim.
“Wages have gone up more than prices the last few months. And in a few weeks – starting in January – families will get even more breathing room when our plan to lower drug costs, health insurance premiums, and energy bills goes into effect,” POTUS tweeted.
Wages have gone up more than prices the last few months.
And in a few weeks – starting in January – families will get even more breathing room when our plan to lower drug costs, health insurance premiums, and energy bills goes into effect.
— President Biden (@POTUS) December 15, 2022
The context added? “Wage growth (2.2%) has grown more than inflation (0.2%) only over the last measured quarter. Over the last two year period, wages (7.2%) have increased roughly half as much as inflation (14.0%).”
From The New York Post:
Call Biden the Gaslighter-in-Chief, because this claim is so far off the mark that even left-leaning PolitiFact admitted it lacked “context” and “clarification.” The truth? Prices have risen faster than wages for a record 20 straight months. Americans have lost enormous ground under President Biden.
Some pretty important information Joe left out.
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