Biden Economic Adviser Insists ‘Real Wages Have Grown’, Says Economy Is ‘On the Right Track’

On Sunday, President Biden’s economic advisor Jared Bernstein asserted that the U.S. economy was “moving on the right track.”

Bernstein made the claims while appearing on “Fox News Sunday” with host Shannon Bream who pressed him on the average American suffering over high inflation ; something that the United States did not experience under former President Donald Trump’s administration.

Despite record-breaking inflation under the Biden admin, Bernstein insisted that “real wages have grown.” Bream called out the economic adviser for misleading the public because he only cited data from within the last couple of months, which she said doesn’t reveal the accurate picture.While inflation rates may have minorly descended as of recently, the rates are still way up from when Trump was in the White House. So any measure of decrease that Bernstein cited was a decrease in inflation that had increased due to President Biden. The transcript of the interview […]

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