Much of last year, Americans were given propaganda telling us that the economy was in great shape. Wages were up, unemployment down. Why are people not happy? Most American families still went to the grocery store. We knew that our paychecks were not filling the shopping carts as in times past. We knew we had to choose between name-brand items and generic ones, foregoing tastier meals to meet our budget needs.
The government has now issued a statement confirming that we were right! The economy was not good. Those in government offices sought to implement more communist policies and attempted to deceive taxpayers into believing the existing economic policies were the best.
Statistics
In early September, the Bureau of Labor Statistics announced that nearly 1 million jobs it claimed were created from April 2024 through March 2025 did not actually exist.
This is in addition to all the monthly revisions that reduce the number of jobs created each month. This comes one year after the BLS made a significant downward “benchmark” revision for the previous year. Throughout last year, the BLS consistently overstated job gains.
This revision also stops the claims that Trump was handed a booming economy that he is now destroying. The Biden administration’s economic policies were beneficial for one group of people. Household income for non-citizens went up more than 11% in 2024.
Numbers
Additionally, the Census Bureau released its report on median household income, which shows a meager increase of $1,040 in 2024 after adjusting for inflation, a figure that is less than the margin of error.
The Census report shows that real household income was essentially unchanged from the year before the COVID panic. It was $83,260 in 2019 and $83,730 in 2024. This means that households made basically the same amount of money pre-pandemic, until last year, despite prices increasing for food, gas, rent, utilities, and everything else.
In conclusion, most Americans were barely hanging on against Bidenflation. Trump inherited a weak economy – one made weak by the previous administration’s massive inflationary spending, out-of-control regulations, and high taxes.
