The White House and other administration officials say that Bidenomics is 'working' despite recent data from the Census Bureau stating that real median household income fell from 2021 to 2022.
Fox News contributor Gary Kaltbaum breaks down inflation fears following rising oil prices on 'Your World.'and officials in President Biden's administration are claiming that Bidenomics is working despite a decrease in household income and an increase in the poverty rate.
The Supplemental Poverty Measure child poverty rate more than doubled to 12.4% in 2022 from 5.2% in 2021, the data shows.said Bidenomics"Costs is going down," she said."When you think about inflation. When you think about wages going up. That is Bidenomics."US President Joe Biden speaks during an event in the State Dining Room of the White House in Washington, DC, US, on Wednesday, Sept. 6, 2023.
An August Fox News poll found that 52% of Americans feel that Biden has made the economy worse while 25% believe he has made it better.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House makes erroneous claim justifying Biden's 9/11 memorial snubPresident Joe Biden spent the anniversary of the 9/11 terrorist attacks traveling from Vietnam to Alaska, opting not to visit one of the attack sites on Monday.
Read more »
White House’s crude ploy vs. fuel prices to boost Biden for 2024As gas prices soar to the highest seasonal level in a decade, the domino effect on inflation risks Joe Biden’s chance of re-election.
Read more »
Biden Breaks 22-Year Tradition of Being at White House, Attack Site on 9/11Biden is taking fire from some families of 9/11 victims for being the first president in 22 years to not spend 9/11 at an attack site or at the White House.
Read more »
White House's explanation for Biden missing 9/11 memorial backfiresThe Biden White House's claim that presidents were 'not still going to visit Hawaii' 22 years after the Pearl Harbor attacks may not hold up.
Read more »
Supporters of Native activist Leonard Peltier hold White House rally, urging Biden to grant clemencyHundreds of activists and Indigenous leaders are rallying outside the White House in support of imprisoned Native activist Leonard Peltier. Tuesday is his 79th birthday.
Read more »