The United States' economy looks strong compared to recent history, but comparing it to countries abroad, the Biden-era economy looks even more amazing.
The bottom 10th percentile covers people making less than $22,880, according to BLS.
That firmly excludes the median mode of American households, by wages. The vast majority of Americans were not helped by that number. Is it good that it happened? Yeah, absolutely. It wasn’t Biden though. And it isn’t most Americans. And it isn’t the economy as a whole.
The bottom 10th percentile covers people making less than $22,880, according to BLS.
That firmly excludes the
medianmode of American households, by wages. The vast majority of Americans were not helped by that number. Is it good that it happened? Yeah, absolutely. It wasn’t Biden though. And it isn’t most Americans. And it isn’t the economy as a whole.Yeah, I definitely don’t know why I’ve spent so much time on this 🥲
This is like trying to explain to a drunk person why they can’t drive home