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.
Steve Moore, FreedomWorks Senior Economic Contributor, commented:
“President Trump’s numbers, which show middle-class income gains of $5,003, contrast sharply with the 16 years before he was elected. Under George W. Bush, median income barely showed any gain, up just $401 thanks to the deep recession of 2008. Under Barack Obama, incomes inched up by $1,043. This means that in the 16 years before the Trump presidency, incomes rose by about $1,500 while in less than three years middle incomes have risen three times faster.
“The past few months has been one of the biggest middle-class success stories in modern times, and it is a testament to the success of the Trump tax, regulatory and energy policies.”