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Biden falsely claims wages rising faster than inflation
Biden’s reckless tax and spending spree
Congressman Jim Jordan joins ‘Kudlow’ to discuss Biden’s spending bill as Democrats struggle to make a decision.
Recent figures published by the U.S. Bureau of Labor Statistics contradict President Biden’s claim Tuesday that wage growth for American workers has outpaced inflation in recent months.
Biden made the claim during his press conference at the 2021 United Nations Climate Change Conference (COP26) in Glasgow after he was pressed to explain when Americans could expect the cost of everyday items such as gas and food to decline. Inflation rose to 5.4% in September compared to one year earlier, matching its highest rate in 13 years.
"Things are a hell of a lot better," Biden said. "The wages have gone up higher, faster than inflation and we have generated real economic growth. It doesn't mean these dislocations aren't real. They do affect people's lives."
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