Sanders Says Democrats Must Admit Americans Are in ‘Rough Shape,’ ‘Wages Not Keeping up With Inflation’

Katabella RobertsSeptember 28, 2022

Sen. Bernie Sanders (I-Vt.) on Monday highlighted the declining state of the economy under President Joe Biden and said he does not believe the passage of the Inflation Reduction Act is enough of an achievement to help Democrats run on in the midterm elections.

Sanders made the comments during Monday’s broadcast of NBC’s “Late Night” where he noted large discrepancies between wages and soaring inflation across the United States.

“What we don’t talk about in Congress, and we don’t talk about in the media, is what’s going on with working families in this country. And the truth is that the middle class of this country is falling further and further behind,” Sanders said.

“Wages are not keeping up with inflation. You’ve got over 70 million people who have no health insurance or they’re under-insured. You’ve got 600,000 people who are homeless. You’ve got people who can’t afford prescription drugs. You’ve got people—kids can’t afford to go to college. Kids are leaving school deeply in debt … not to mention climate change,” Sanders said.

Inflation has soared to 8.3 percent meaning the buying power of U.S. wages has been squeezed.

Real average hourly earnings of U.S. workers have fallen by 2.8 percent, seasonally adjusted, over the last 12 months, according to data from the Bureau of Labor Statistics (BLS).

Meanwhile, BLS notes that “the change in real average hourly earnings combined with a decrease of 0.6 percent in the average workweek resulted in a 3.4-percent decrease in real average weekly earnings over this period.”

‘In Rough Shape Right Now’

According to Bank of America’s Workplace Benefits Report, published earlier in September, 71 percent of workers said they feel that the cost of living is outpacing their salary or wage growth. The report is based on a nationwide survey of 824 employees and 846 employers conducted in February, and a second survey of