Re: Biden's lie about insulin price cap
Labor Force Participation Was Stronger Under Trump. The labor force participation rate remains 0.7 percentage points lower under Biden than it was when President Trump was in office. When adjusting for population gains, nearly 2 million more Americans are on the sidelines today than they were during the previous Administration.
Wages Are Not Keeping up with Biden?s Inflation Crisis. Real wages are down over 5 percent since President Biden entered the Oval Office.
Inflation Still Shows No Signs of Slowing Down. Americans are still feeling the sting of this inflation crisis?prices are up 15.3 percent under Biden. Inflation remains over three times higher than just a couple years ago.
The Bottom Line: A closer look at the May jobs report shows a deteriorating labor market. It is misleading at best for the President to claim his Administration is setting records with his economic agenda.
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