Economy

Biden says rising wages are a sign his economic agenda is working

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WASHINGTON — After weeks of defending his economic policies against critics who blame them for overheating the economy, President Joe Biden went on the offensive Thursday, arguing that rising wages are a sign his agenda is boosting the fortunes of working Americans.

“The bottom line is this: The Biden economic plan is working,” said the president in a speech at Cuyahoga Community College in Cleveland, Ohio. “We’ve had record job creation, we’re seeing record economic growth, we’re creating a new paradigm. One that rewards work — the working people in this nation, not just those at the top.”

Republicans and business groups claim that the enhanced federal unemployment benefits in Biden’s…



Source cnbc.com

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