I can’t even count the number of times that Joe Biden has said something false about the economy.
Biden has been busted on it many times. Sometimes it’s so atrocious that even liberal media outlets like the Washington Post give him a “bottomless Pinocchio,” such as for his untrue claim that he cut the deficit by $1.7 trillion. But he still shows no shame and keeps repeating things that are just demonstrably untrue.
Biden was at it again — or perhaps we should say, whoever was behind “his” account was — making a false claim about real wages.
Right now, real wages for the average American worker is higher than it was before the pandemic, with lower wage workers seeing the largest gains.
— President Biden (@POTUS) July 16, 2023
“Right now, real wages for the average American worker is higher than it was before the pandemic, with lower wage workers seeing the largest gains,” Biden falsely claimed. “That’s Bidenomics.”
That’s true — “Bidenomics” does seem to be about false claims.
First, let’s note the atrocious grammar. This was at 4 p.m.; was it after Joe Biden’s normal “early lid” time? It should say, “real wages…are...higher than they were.” That is, if it were true, which it was not.
But Twitter Community Notes was having none of this Biden bilge, noting:
The tweet’s claim about real wages contains a factual error.
On 3/15/20 when US COVID lockdowns began real wages adjusted for inflation (AFI) were $11.15.
As of 7/16/23 real wages AFI are $11.05.
Real wages AFI remain lower (not higher) than before the pandemic.
RNC Rapid Response Director Tommy Piggott explained that real wages are down three percent and prices are up 16.6 percent — “That’s Bidenomics.”
In reality, prices are up 16.6% and real wages are down 3% since Biden took office.
That’s “Bidenomics.” https://t.co/RaHVTGSKcg
— Tommy Pigott (@TommyPigott) July 16, 2023
In fact, under Biden, inflation hit record highs, in part because of his excessive spending.
“Bidenomics has been defined by 40-year-high inflation, record drops in labor productivity, anemic economic growth, growing credit card debt, rising interest rates, insipid labor force participation, onerous regulation, falling real incomes, and runaway government spending, borrowing, and printing of money,” EJ Antoni, a research fellow for the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told Fox News Digital. “Distilled down to a single word, Bidenomics means ‘failure.’”
“They spend like drunken sailors — that is what’s causing problems,” Desmond Lachman, a senior fellow at the American Enterprise Institute, told Fox News Digital. “
While inflation has come down, it’s still higher than the little over one percent it was when Biden came in. It’s now at three percent; it had hit nine percent. Ninety percent of voters are worried about inflation and the economy. Biden has only a 32 percent approval rating on the economy, while 74 percent of Americans think we’re going in the wrong direction under Biden.
People praised the Community Notes instituted by Twitter owner Elon Musk for finally having something to hold politicians like Biden to account in real-time. It certainly backfired on Biden as he got ratioed into next week, with many explaining how they’d suffered under “Bidenomics” — not exactly what Biden was hoping for with the tweet. Some noted how they had to take on two or three jobs just to get by under Biden and that everything cost more, from eggs to gas.
Even Roseanne Barr lauded the busting of Biden.
Fact checkers that actually fact check are so cool! For so long it’s just been a tool to run hit pieces on people who tell the truth the establishment doesn’t like- but now it’s doing the work it was set out for. Love it. https://t.co/oTeLw7i9x1
— Roseanne Barr (@therealroseanne) July 17, 2023
In 25 of 27 months you’ve been in office paychecks haven’t kept up with price hikes.
Prices have risen faster under you in 2.5 years than any other president’s entire four years dating back to the 80’s.
Bidenomics is a failure & Americans are literally paying dearly for it. https://t.co/E5YdBEAmP2
— Marc Lotter (@marc_lotter) July 16, 2023