Biden: Wages Are Rising More than Inflation

EXCERPT:

BIDEN: “Today, the GDP results came out, and the economy, in fact, is growing. In fact, the economy grew at 2.6 percent rate last quarter. And although it may not feel like for everyone, people’s incomes went up last quarter more than inflation went up, an enough growth. (applause) So, economic growth is up, the price of inflation is down, real incomes are on — are up, and the price of gas is down. Folks continue to spend, but now at a more stable pace than during our rapid recovery last year. Businesses continue to invest in America. Exports are up, which means we’re making things here in America and shipping the products overseas instead of shipping jobs overseas and sending them back here.”