September 4, 2023

Laborers Can’t Afford a Labor Day

Bidenomics means everything related to the holiday will cost more.

By the Republican National Committee


  • Labor Day is a time to recognize the American worker, but under Joe Biden, workers don’t have much to celebrate.
  • With persistent inflation having eaten away at wage gains, more and more Americans are struggling financially.
    • Inflation-adjusted average hourly wages, the Bureau of Labor Statistics adjusts to 1982-1984 dollars, were $11.39 when Biden took office and are now $11.09, meaning Americans have seen a 2.6 percent pay cut under Biden.
  • Strapped for cash, Americans are increasingly withdrawing from their retirement savings to make ends meet.
  • Consumer confidence recently saw its biggest drop in two years due to “souring views on the labor market, higher borrowing costs, and lingering inflation.”
  • As Biden’s economy flounders, U.S. companies including Farmers Insurance, T-Mobile, and CVS have all announced layoffs in the past month.
  • Meanwhile, Biden is expected to continue his record pacing rate of vacations, caring more about his vacation time than the American people.
    • Since taking office, Biden has spent 380 days – 39.9 percent of his presidency – on vacation.
    • This past month alone, Biden spent 19 days on vacation.


  • Biden promised to be the “most pro-union president” in history, but cancelled the Keystone XL pipeline on day one, killing 8,000 union jobs in the process.
  • One of the largest labor unions in New Hampshire is refusing to endorse Biden’s re-election bid, saying his “record and actions” do “not merit an automatic re-endorsement.”
    • The United Auto workers is also holding off on endorsing Biden, citing concerns over his electric vehicle policies.
  • The Border Patrol union is deeply unhappy with Biden’s leadership, calling the administration “corrupt to its core.”
  • Starbucks employee Alyssa Coakley on Biden’s failure to deliver on campaign promises: “When it comes to labor, it’s been a little bit performative. Like, what more are you doing for us?”


  • 61 percent of Americans are less likely to travel this Labor Day weekend due to inflation.
  • 42 percent of Americans expect rising prices to impact their Labor Day plans, and more than 85 percent plan on implementing money-saving measures for the holiday. 
  • As Americans travel to see friends and loved ones this holiday weekend, they will face high prices at the gas pump.
    • U.S. average gas prices currently sit at $3.83 per gallon, which is more than $1.40 per gallon higher than when Biden became president.
    • U.S. average gas prices have been above $3 per gallon for more than 840 days straight.
    • Two states have seen the return of $5 per gallon gas.
  • Labor Day cookouts will cost more under Biden, with hot dogs up 3.3 percent, burgers up 3.1 percent, rolls up 5.8 percent, cookies up 6.9 percent, pie up 8 percent, and beer up 4.3 percent compared to last year.
    • Those who choose to celebrate by eating out will pay on average 7.1 percent more than last year.


  • It’s not just Labor Day that is costing Americans more – day to day life continues to get more expensive under Biden.
  • Inflation has risen by 16.9 percent since Biden took office.
  • Americans are suffering from the lasting effects of Biden’s record-breaking inflation, with many unable to pay bills, save money, or afford rent.​
    • 61 percent of Americans report living paycheck-to-paycheck.
  • Bidenomics has cost the middle class $2.4 trillion since March 2022.
  • Low-income Americans are being hit the hardest by inflation according to studies by the New York FedDallas Fed, and the Urban Institute.
  • Americans are increasingly borrowing to cover daily expenses, finding their regular income is no longer enough to make ends meet.
  • The Fed has hiked interest rates 11 times since March 2022 – now at their highest level in 22 years – making it harder for families to buy a home, finance a car, pay off debt, and perform various other financial transactions.

    Originally posted here.

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