Biden’s Economy: More People NOT Working and Hiring Based on DEI
The decline in labor force participation to 62.5 percent, from 63.3 percent, represents 2.1 million fewer workers participating in the US economy than were participating prior to Covid.
Biden’s Higher Prices and Low Wage Growth Hammer Working Families
Consumer Price Index (CPI) data for April, released today, reveal that overall prices have increased by 19.9 percent since January 2021. That’s an annualized inflation rate of 5.7 percent. In contrast, over the four-year period from January 2017 to January 2021, the CPI
increased by 7.7 percent, or an annual increase of 1.9 percent.