Friday, August 31, 2018

Household Income Jumps To All Time Highs Under Trump

Household Income Jumps To All Time Highs Under Trumph:
"Economy: Median household income is up more than 4%, the economy is growing fast, optimism is at decades long highs. 

Not that you'd know it, since the press is too busy trying to drive President Trump from office.
Inflation-adjusted median household incomes in July hit $62,450 according to the latest release from Sentier Research.
That's the highest level since Sentier started tracking this more than 18 years ago.
And if you combine Sentier's numbers with annual Census data, median household income is at all-time highs.
More interesting is the fact that median household income has shot up more than 4% in the 19 months since Trump took office.
It had been flat over the previous year and a half. Over the course of President Obama's entire eight years in office, median household income climbed a mere 0.3%, Sentier data show.
...But instead of heralding this news, the mainstream press either ignores, downplays or tries to explain it away.
...There's a simple reason for this. The press is singularly fixated on bringing down Trump at all costs. Since good economic news will help Trump, it must be overlooked..."
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