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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (45497)	2/6/2022 5:40:53 PM
From: Sdgla	1 Recommendation Recommended By GROUND ZERO™ Read Replies (2) \| Respond to of 74606

Facts prove Trump #1 gene. Why lie ? Is it because you’re unable to comprehend facts ? Released two weeks ago, the Census Bureau’s report on “Income and Poverty in the United States” for 2019 clearly shows that, pre-pandemic, President Trump’s economic success blew past that of any other presidency. First, the Census Bureau reported that real median household income grew to $68,703 in 2019, an impressive 6.8% increase over 2018. It was the largest one-year increase in median income on record going back to 1967. It was also 45 percent more growth in a single year ($4,379) than Obama/Biden produced in their entire 8 years in office ($3,021). As for talking points about how the Trump tax cuts benefitted only the rich, well, they were false. As incomes grew in 2019, the poverty rate plummeted 1.3 percentage points to a 60 year low of 10.5%. This was the largest reduction in poverty in over 50 years. It lifted over 4.1 million people out of poverty, the largest yearly decrease since 1966. Just for comparison purposes, over the Obama/Biden era, the number of people living in poverty increased by 787,000. Minority groups again experienced the largest improvements. While the overall poverty rate declined 1.3 percentage points, Black poverty fell by 2.0 percentage points, Hispanic poverty fell by 1.8, and Asian poverty fell by 2.8. According to the White House Council of Economic Advisers (CEA) “the poverty rate fell to an all-time record low for every race and ethnic group in 2019.” Child poverty decreased to 14.4 percent, the lowest child poverty rate observed since 1973 and down from 18 percent at the end of the Obama/Biden era. The best family welfare program truly is a job.