[ April 26, 2024 ]
There is no one on G-d’s green earth better equipped to get us right back than the great man who delivered these momentous gains.
NEW: Incomes hit record high and poverty reached record low in 2019
American households saw their best economic gains in half a century last year under President Trump, according to a report this week from the Census Bureau. And with the President’s pro-growth, pro-worker policies in action, this standard can be achieved again as America safely reopens from the Coronavirus pandemic.
Story continues below advertisementMedian household income grew by a stunning $4,400 in 2019, resulting in an all-time record of $68,700. This 6.8 percent one-year increase is the largest gain on record for median income growth.
The poverty rate plunged to an all-time low of 10.5 percent, as well. Between 2018 and 2019 alone, over 4 million Americans were lifted out of poverty, and the child poverty rate fell to a nearly 50-year low in 2019.
Minority groups including African Americans, Hispanic Americans, and Asian Americans saw the largest gains in income, while poverty rates fell to a record low for every race and ethnic group in 2019.
Black Americans, for example, saw a 7.9 percent median income increase and a poverty rate that fell below 20 percent for the first time in history.
The COVID-19 pandemic disrupted this historic progress in 2020. Nevertheless, America today is witnessing the fastest recovery from any economic crisis in history. Thanks to the strong fundamentals of the Trump Economy, the monthly jobs report has met or exceeded economist expectations for four months in a row.
The new Census report confirms what we know to be true: With the right agenda for blue-collar and middle-class workers, there’s no limit to America’s economic greatness!
Incomes Hit Record High and Poverty Reached Record Low in 2019
The Truth Must be Told
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13 Comments
3 years ago
One Word “AMEN” Too Donald Trump!!
3 years ago
Snap-Back begins Saturday Sept 19 at 8 pm EDT. Trump is doing Patton’s “Haul ass and bypass” strategy again, by simply bypassing all the diffident UN and JCPOA politicos, and stating that anyone or anything that sells arms to Iran will be sanctioned and blacklisted from any US travel, business, or banking. This worked well to shut down Iran’s oil business, and it will work for weapons as well.
3 years ago
3 years ago
This is a chart of M2 money supply. It represents future inflation. I do not use or accept the government’s numbers. I use Shadowstats and the Chatwood Index. Rely on government figures at your peril. They are fake.
Source: King World News
3 years ago
Reply to
lostlegends
I see the money supply was bad after the Cold War (1990-1995) and the housing crisis (2010).
The money supply is through the roof this year, though. Good to know.
3 years ago
This is a chart of M2 money supply. It represents future inflation. I do not use or accept the government’s numbers. I use Shadowstats and the Chatwood Index. Rely on government figures at your peril. They are fake.
Source: King World News
3 years ago
Wonder what the stats are for mexifornia. There’s millions of illegals here from all over the world, and guys like me have to compete with them for work. The deck is stacked against the American citizen in this state. Sometimes it feels like a losing battle.
3 years ago
Reply to
anonQ
Right, leave it to Dipsh*t Donnie to turn the best economy in US history into the worst since the Great Depression.
3 years ago
Reply to
Mr. Mojo Risin'
Go somewhere else, fool. No one here is that stupid to believe your drivel.
3 years ago
And Biden’s TV ads on cable say the pres. is taking the country in the wrong direction. Hapless Biden and the DNC are morons.
3 years ago
Someone on here yesterday gave the WuFlu its proper name…PLANDEMIC! It was completely blown out of proportion for the sole purpose of wrecking the Trump economy.
