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Jamieson Greer: “Real wages went down by $3,000 over [the Biden]…”

Featuring: Jamieson Greer, U.S. Trade Representative | National

From Hamilton to Today: Trade and U.S. Economic Strategy with Ambassador Jamieson Greer

Published January 20, 2026 | Video Starts at 48:49

And wages are outpacing inflation, especially for blue collar workers, especially for manufacturing jobs. When you look at the Biden administration, you know, Real wages went down by $3,000 over [the Biden] administration. We're already up $1,300. We're only a year in. So we're trying to claw back out of this place where we were found. (48:49–48:56)

CLAIM

Asserts that real wages decreased by $3,000 during the Biden administration and have increased by $1,300 since.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Jamieson Greer

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“American per capita industrial output increased 525% from 1750 to 1860.”
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“By 1913, US per capita industrial output was the greatest in the world, 10% greater than that of the UK.”
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“American industrial production soared by over 1000% between 1860 and 1910.”
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“Lyndon Johnson imposed 25% tariffs on pickup trucks that we still have to this day.”
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“President Nixon put a 10% global tariff on the world in 1971.”
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“We reduced that trade deficit with China by about 25% last year.”
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“We're now down to 2.7 [percent inflation].”
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“We're pumping more oil than we ever have and the price of gas is down lower than it's been since 2019.”
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“President Trump has revived [the American pragmatic trade] approach with great effect.”
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“Smoot Hawley ended up raising the average tariff rate from 40 to 46%.”
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“We protected our industry from foreign competition where that was necessary to unlock growth or to counteract Unfair production conditions…”
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“We leveraged the same playbook when we faced the challenge of a large trade deficit back in the 1980s due to non market policies in a…”
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“We bound our hands with NAFTA and the World Trade Organization in ways that made it impossible for the United States to effectively respond…”
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“The American system had become in some ways a global economic system, shaping the structures of economies far beyond our borders.”
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“John Maynard Keynes, the British economist and the British representative to the Bretton woods conference, he had an idea for how this could…”
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