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Thread: Median income of middle class HIGHEST ON RECORD! Poverty down!

  1. #21
    Veteran Member Czernobog's Avatar
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    Quote Originally Posted by RNG View Post
    Oh great, another poster who doesn't read their own links. From your link:
    oh shit! I didn't even notice that part! LMFAO! I guess Trump is so amazing that he was affecting wages before he even got elected. Wow. That is impressive!!!! Never in the History of the nation has a President improved the economy before he even got elected!!!!
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  2. #22
    Moderator HayJenn's Avatar
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    LOL

    From the link

    The new data, along with another census report showing the rate of Americans lacking health insurance to be at its lowest ever last year, suggest that Americans were actually in a position of increasing financial strength as President Trump, who tapped into anger about the economy, took office this year.

    Yet the census report also points to the sources of deeper anxieties among American workers and underscores threats to continued economic progress. Middle-class households are only now seeing their income eclipse 1999 levels

    Inequality remains high, with the top fifth of earners taking home more than half of all overall income, a record. And yawning racial disparities remain, with the median African American household earning only $39,490, compared with more than $65,000 for whites and over $81,000 for Asians. Economists and policy experts wonder whether the gains will continue. The median income had surged since 2014 because millions more Americans found full-time jobs, but there is little evidence that employers are rushing to offer raises to those who already are employed. Without more wage gains, momentum could slow.
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  3. #23
    The Covfefe are Coming! BitterPill's Avatar
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    Quote Originally Posted by Goofball View Post
    President Trump has promised to eliminate 80 percent of all federal regulations, arguing that the plethora of rules is harming economic growth and making it harder for companies to create more jobs.

    But OMB officials have suggested that could be very difficult to achieve because many regulations are written to enforce congressionally authorized laws, and the White House cannot unilaterally remove them.

    A Legitimate Source

    Trump needs Congressional help if that lie is going to fly.
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  4. #24
    Veteran Member Czernobog's Avatar
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    Quote Originally Posted by Goofball View Post
    Run along kid, you bring nothing.

    Parting gift words.
    Well...maybe not - although I notice you aren't able to bring us an actual list of those policies - but, RNG certainly did. Pointed out that you are crediting Trump for something that happened before he even took office, while it was Obama in office. So. Since you were so quick to thank Trump, when you thought it was a today thing. Are you going to similarly thank Obama, now that you realise it was a then thing?
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  5. #25
    Veteran Member Czernobog's Avatar
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    Now, watch @Goofball quietly run away, and pretend he had nothing to do with this thread, now this his entire premise has been proven inaccurate.
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  6. #26
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    Quote Originally Posted by Czernobog View Post
    oh shit! I didn't even notice that part! LMFAO! I guess Trump is so amazing that he was affecting wages before he even got elected. Wow. That is impressive!!!! Never in the History of the nation has a President improved the economy before he even got elected!!!!
    If Bill Clinton can raise taxes before taking office, the mere fact the shitstain Obama is getting sent out the door can impact the economy.

    The anticipation of Trump taking over for the inept Community Agitator is enough to change the attitude of America.


  7. #27
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    Quote Originally Posted by Czernobog View Post
    Well...maybe not - although I notice you aren't able to bring us an actual list of those policies - but, RNG certainly did. Pointed out that you are crediting Trump for something that happened before he even took office, while it was Obama in office. So. Since you were so quick to thank Trump, when you thought it was a today thing. Are you going to similarly thank Obama, now that you realise it was a then thing?
    The fact Republicans took total control of the Congress and reigned in the Obama debacle impacted the middle class he ignored while the Dims held control.


  8. #28
    Victim-oppressor Pimp Davocrat's Avatar
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    Quote Originally Posted by Goofball View Post
    Nice job, President Trump. Working hard for the poor and middle class.

    https://www.washingtonpost.com/busin...=.98dd8e2fba90
    Yeah, 2016 was a great year in a lot of ways.

  9. #29
    Victim-oppressor Pimp Davocrat's Avatar
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    I wonder why.

  10. #30
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    Quote Originally Posted by Czernobog View Post
    16 is a far cry from hundreds. Please demonstrate that Trump reversed hundreds of Obama policies.

    We'll wait.

    16:1.

    Derp!

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