Americans have lost $4.2K in income under Biden, study says

Heritage Expert: Americans Have Lost $4,200 in Annual Income Under The Biden Administration

WASHINGTON—New economic numbers show that the average American has lost the equivalent of $4,200 in annual income under the Biden administration because of inflation and higher interest rates.  

Study shows Biden presidency has cost the average American $4,200 in income

There are a lot of ways Americans have sustained losses under Joe Biden.

WIPING OUT WAGES: Average American Household Has Lost $7,200 in Income Under Biden

According to data compiled by the Heritage Foundation, the average American family has lost $7,200 in household income under President Biden; individual Americans are $4,200 poorer, as well.

DATA: Biden’s America Is “Financial Catastrophe For Families” That Has Erased Average of $7,200 In Household Earnings

The contributing factors are the current 40-year high inflation and multiple hikes to interest rates by the Federal Reserve, both of which have caused consumer prices to increase. File photo: Denys Kurbatov, Shutter Stock, licensed. WASHINGTON, D.C. – New data provided by the Heritage Foundation,

Americans have lost $4.2K in income under Biden, study says

The average American has lost $4,200 in annual income since President Biden took office -- entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows.

Americans Lost $4,200 in Income Under Biden - Populist Press ©2022

Former OMB director Russ Vought responds to the Fed’s 75 basis point rate hike announced Wednesday, analyzes the impact of President Biden’s economic policies on the economy, and discusses potential changes should Republicans take back Congress. The average American has lost more than $4,000 in annual income since President Biden took office due to soaring […]