Statement·other·said 2023-06-21
“Median income in this country is about $35,000 a year. Because of Joe Biden's inflation, average monthly expenses have increased by almost $500.”
Proof of utterancewhere they said it
No source recorded.
Verdict
Mixedby PolitiFact
2023-06-26Reasoning
Scott cited real median personal income ($37,522 in 2021), but median household income ($70,784) is the more commonly referenced metric. The $493/month expense figure dated from peak 9.1% inflation in July 2022 and was outdated by mid-2023 when inflation was 4%.
Proof of outcomewhat backs the verdict