1 August 2023
Under President Jimmy Carter, the US suffered economic stagnation and high inflation. Now, under Biden’s economic policies, or “Bidenomics”, the situation seems to be even worse. Current real median weekly earnings for men have dropped below 1979 levels, which were during Carter’s term. The growth of these earnings was at a low of -4.45% in April 2023. The trend illustrates the negative impact of these policies, suggesting that “Bidenomics” is failing to deliver on economic growth for men.