A recent report from the U.S. Census Bureau reveals a concerning trend of declining real wages and an increase in the number of Americans living below the poverty line during President Joe Biden's term.

The data shows that in 2022, the percentage of Americans living under the poverty level rose to 12.4%, up from 7.8% in 2021. These statistics highlight the pressing economic challenges faced by our nation.

The past two years saw the Democratic Party control both chambers of Congress and the White House, leading to the implementation of substantial spending bills. However, many economists argue that these bills resulted in significant inflationary pressures that persist to this day.

The New York Post, referencing the report, acknowledges the widespread sentiment that paychecks didn't stretch as far as they used to.

A recent report from the U.S. Census Bureau reveals a concerning trend of declining real wages and an increase in the number of Americans living below the poverty line during President Joe Biden's term.
The data shows that in 2022, the percentage of Americans living under the poverty level rose to 12.4%, up from 7.8% in 2021. These statistics highlight the pressing economic challenges faced by our nation.
The past two years saw the Democratic Party control both chambers of Congress and the White House, leading to the implementation of substantial spending bills. However, many economists argue that these bills resulted in significant inflationary pressures that persist to this day.
The New York Post, referencing the report, acknowledges the widespread sentiment that paychecks didn't stretch as far as they used to.

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