TALES FROM THE ATTIC

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MULTITUDES: The unauthorized memoirs of Sam Smith

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February 25, 2020

Income growth slows under Trump

Newsweek - New analysis of government data shows that, since Donald Trump took office, inflation-adjusted income growth has slowed significantly across the U.S.

All but two states saw a decline in growth of real median household income under Trump – including Pennsylvania, Wisconsin, Michigan, and Florida, four states widely regarded as the key electoral battlegrounds that will likely determine the 2020 presidential election.

Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation.

MORE TRUMP VS. AVERAGE AMERICANS

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