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The latest Census Bureau Current Population Survey data now show that middle-class incomes, after adjusting for inflation, have surged by $5,003 since Donald Trump became president in January 2017. Median household income has now reached $65,976 – an all-time high and up more than 8 percent in 2019 dollars under the Trump presidency.
WASHINGTON, D.C. -- In his Fox News opinion piece, Steve Moore, FreedomWorks Senior Economic Contributor highlighted a recent Sentier Research report that shows dramatic increases in middle-class incomes since President Trump assumed office in January, 2017.
President Trump’s critics can’t deny that the economy is doing well, so instead they insist all the benefits have gone to the rich and large corporations. “America’s middle class is under attack,” Sen. Elizabeth Warren asserted in her presidential campaign announcement last December.
WASHINGTON, D.C. -- In response to the report that a record 157,878,000 Americans were employed in the month of August, an increase of 590,000 from July, Steve Moore, FreedomWorks Senior Economic Contributor, commented:
The U. S. economy made history at the end of July by sustaining the longest expansion period on record. While the benefits of this prosperity have impacted all different groups and demographics, the benefits to our American senior population in particular are considerable. Here are several ways U.S. economic growth is enabling citizens over 55 to drive even greater economic success.
Federal spending Opens a New Window. so far this year has already topped $3 trillion -- a new record for the first eight months of the year -- and Congress Opens a New Window. is once again coming up on an appropriations deal impasse.