RIGHT SPEAK: Americans Saw ‘most severe’ Pay Cut in 25 Years Under Biden; Fed Report Shows Most Americans In Over 25 Years Suffer 'Real' Pay Cut Under Biden Admin; Biden-Flation Eats Away An Entire Month of Americans’ Paychecks and IT'S NOT GOING AWAY

Americans saw ‘most severe’ pay cut in 25 years under Biden:

Americans battered by soaring inflation since President Biden took office have effectively suffered the steepest pay cut in a quarter-century, according to data released by the Federal Reserve.

Researchers for the Federal Reserve Bank of Dallas published new findings that calculated “real wages” — the effective income of workers when adjusted for inflation.

“We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year,” the researchers said. “For these workers, the median decline in real wages is a little more than 8.5%.”

“Taken together, these outcomes appear to be the most severe faced by employed workers over the past 25 years,” the researchers added.

Higher inflation can quickly erode the purchasing power of Americans if wage growth doesn’t match the increases. That means households face a difficult financial crunch when attempting to pay for daily necessities such as food, rent and gas.

“It’s very bad. I’m retired and I feel the pinch. The prices of groceries and gasoline…it affects things that get delivered,” said Nelson, a 63-year-old Chelsea resident who only wanted to give his first name.

“It’s depressing. Inflation is stealing your dollar,” added the former IT worker. “It comes in the form of high taxes and the dollar being debased. Taxes are going up. You have inflation abroad. Inflation here. Everyone is getting squeezed.” --->READ MORE HERE

Most Americans In Over 25 Years Suffer 'Real' Pay Cut Under Biden Admin; Fed Report Shows

As The Wall Street Journal recently reported "...vast numbers of Americans find their cost of living is rising faster than the income they’re bringing home," under the Biden administration.

How 'vast'?

Well The Dallas Fed just issued a report showing that, rather shockingly, a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year.