Are You Better Off Now Than You Were Four Years Ago?
Determine if you are better off now — compare today's economy to 2020, from gas prices to employment.
In the article above, the first two statistics mentioned are the most important measures.
Since Trump left office until "now," inflation has increased by 21%.
Since Trump left office until "now," the average American worker saw a salary increase of 37%.
This difference between inflation and an average American worker's salary means that U.S. citizens' "purchasing power" (which is the bottom line measure of wealth) has increased by 76.2% (relative to inflation) since Biden took office.
BTW: Kiplinger is the most conservative, least speculative of all American investment publications. Here is Kiplinger's Wikipedia entry. It was the only financial magazine that my Dad subscribed to. https://en.wikipedia.org/wiki/Kiplinger
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And here is the most important piece of information (as well as the most diligently covered-up piece of information in American politics - brought to you by America's foremost (and most successful) "pure" capitalist in America.
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