“Since Vice President Harris and I took office … incomes have risen faster than prices.”
What PolitiFact found
Since President Joe Biden took office Jan. 20, 2021, wage growth has trailed the rate of inflation. However, Biden said "incomes," which are defined differently from wages, and for that, the data backs him up.
Their words, from the summary they publish with the rating.
In short
Joe Biden (president) made this claim around 2 August 2024. PolitiFact (United States) looked into it and published its finding on 7 August 2024, 5 days later. Its rating was “Mostly True”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.