Mark Cuban Goes to Bat For the Biden Economy, Argues Trump ‘Diminished’ Wage Growth
AP Photo/Rick Bowmerr
Billionaire and Shark Tank personality Mark Cuban went to bat for the Biden economy on Friday. Cuban shared a graph showing real wage growth from the mid-2000s to today and then later hit back at a critic who replied, “Imagine bragging about this.”
The original post Cuban shared from CNBC’s Carl Quintanilla, who wrote:
BILELLO: “.. wages have now outpaced inflation on a YoY basis for 12 straight months. .. a great sign for the American worker that hopefully continues.”
A critic then zoomed in and circled the wage growth under Biden and took aim at Cuban, who replied “Imagine looking at this graphic and not realizing that your guy underperformed the Obama economy he inherited and gave away all the wage growth trends in place when he took office.”
My comment wasn’t about Trump. But ok let’s go there. You can’t brag about Biden’s “wage growth” because the line is positive and then ignore the lack of negative wage growth in the Trump administration. pic.twitter.com/iroSNGEf1s
— Jon (@Patriotic_Jon) May 24, 2024
The critic hit back saying, “My comment wasn’t about Trump. But ok let’s go there. You can’t brag about Biden’s “wage growth” because the line is positive and then ignore the lack of negative wage growth in the Trump administration.”
Underdetered, Cuban replied, “I just showed the graphic. Without commentary. The facts are that Obama and Biden inherited the Great Recession and Covid , both generational issues , and turned the economy positive over time. The guy between them inherited a booming economy and in terms of wage growth, diminished it. Is that what the numbers say to you?”
I just showed the graphic. Without commentary. The facts are that Obama and Biden inherited the Great Recession and Covid , both generational issues , and turned the economy positive over time.
The guy between them inherited a booming economy and in terms of wage growth,… https://t.co/vjexflatMn
— Mark Cuban (@mcuban) May 24, 2024
Cuban in recent months has made headlines for his willingness to engage with pro-Trump, hard-right figures on X and discuss weighty topics from DEI policy to Trump’s finances and court cases.
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