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.
Median 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.
https://gellerreport.com/2020/09/trump-effect-incomes-hit-record-high-and-poverty-reached-record-low-in-2019.html/
