KTRH Local Houston and Texas News

KTRH Local Houston and Texas News

KTRH-AM covering local news from Houston and across Texas.

 

Data Shows Americans Haven’t Gotten A Pay Raise Since Trump Was President

As if the Biden-Harris inflation over the last 4 years wasn't bad enough, new Census data shares that most Americans haven't received a pay raise since former president Trump was in office.

"Their earnings just haven't been able to keep up" said Texas based economist, Vance Ginn, "So, it really is a testament to how people can't keep up with the Biden-omics or Kamala-nomics, or whatever you want to call it."

No matter what you call, it has not been good for American families. According to the annual Census reports, 2023 real household incomes remained below 2019 pre-pandemic levels.

"People haven't improved their life over the last 4 years, nearly 60% of Americans believe we're in a recession" Ginn told KTRH, "They just haven't been able to keep up with the soaring prices all around them.''

The reality is, Americans are much worse off, than they were four years ago.

Sad depressed man checking bills, anxiety about debt or bankruptcy

Photo: fizkes / iStock / Getty Images


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