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Lower-income Americans have thrived under Biden. It probably won’t last.

Americans at the bottom of the ladder ended 2021 with higher wages, better credit scores, and money in the bank. It's fading away in 2022.

A hiring sign is displayed at a restaurant in Schaumburg, Ill., Friday, April 1, 2022. Despite the inflation surge, persistent supply bottlenecks, damage from COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months.
A hiring sign is displayed at a restaurant in Schaumburg, Ill., Friday, April 1, 2022. Despite the inflation surge, persistent supply bottlenecks, damage from COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months.Read moreNam Y. Huh / AP