Crepitus
Diamond Member
- Mar 28, 2018
- 76,274
- 74,174
- 3,615
Under President Trump, income growth has slowed across the U.S.
"
Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation.
"Despite what we heard at the State of the Union, the truth is that this economy is not performing well for most Americans," says Thea Lee, president of the Washington, D.C.-based Economic Policy Institute (EPI). "At this point in the business cycle, wage and income growth for working households should be accelerating, not slowing.""
This is "winning"?
Not in my book.
Also:
"All but two states saw a decline in growth of real median household income under Trump – including Pennsylvania, Wisconsin, Michigan, and Florida, four states widely regarded as the key electoral battlegrounds that will likely determine the 2020 presidential election."
Bad things kids, bad things.
"
Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation.
"Despite what we heard at the State of the Union, the truth is that this economy is not performing well for most Americans," says Thea Lee, president of the Washington, D.C.-based Economic Policy Institute (EPI). "At this point in the business cycle, wage and income growth for working households should be accelerating, not slowing.""
This is "winning"?
Not in my book.
Also:
"All but two states saw a decline in growth of real median household income under Trump – including Pennsylvania, Wisconsin, Michigan, and Florida, four states widely regarded as the key electoral battlegrounds that will likely determine the 2020 presidential election."
Bad things kids, bad things.