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Bidenomics strikes again: Real household income suffers biggest drop since Great Recession

By Conn Carroll
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Bidenomics strikes again: Real household income suffers biggest drop since Great Recession


Nominally, households earned more money in 2022 than they did in 2021. But thanks to inflation caused by Bidenomics, real household income (that is, income adjusted for inflation) not only fell, but fell by an amount not seen since the Great Recession.

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