More GREAT News That The Media Ignores: Household Incomes Are Now At All Time Highs

The turnaround for the economy under the leadership of President Trump has been nothing short of remarkable and yet you’d never know it if all you followed was the anti-Trump Fake News media. So once again that means it is up to all of you to read and share the truth.

Via Investors.com:

Household Income Jumps To All-Time Highs Under Trump — Why Isn’t This Big News?

Median household income is up more than 4%, the economy is growing fast, optimism is at decades long highs. Not that you’d know it, since the press is too busy trying to drive President Trump from office.

Inflation-adjusted median household incomes in July hit $62,450 according to the latest release from Sentier Research. That’s the highest level since Sentier started tracking this more than 18 years ago. And if you combine Sentier’s numbers with annual Census data, median household income is at all-time highs.

More interesting is the fact that median household income has shot up more than 4% in the 19 months since Trump took office. It had been flat over the previous year and a half. Over the course of President Obama’s entire eight years in office, median household income climbed a mere 0.3%, Sentier data show.

Overall economic growth is accelerating as well, after years of Obama-induced stagnation. On Wednesday, the Commerce Department boosted its estimate of Second Quarter growth to 4.2%. That means average growth for first half of the year was above 3%. And if it continues strong in the third quarter — as appears to be the case — chances are we will see growth for the entire year at or above 3%. That would be the first time since 2005.

This, too, is a sharp turnaround that just happens to coincide with the Trump presidency. In Obama’s last year in office, GDP growth was an anemic 1.6%. The growth rate dropped in each of the last two quarters of that year. And economists were everywhere telling the public that 2% was the best we could do.

Whatever one’s view of Trump, this is undeniably good news. After years of “unexpectedly” underperforming growth, the economy is giving every indication that it is returning to its vigorous norm.

But instead of heralding this news, the mainstream press either ignores, downplays or tries to explain it away. As we noted in this space recently, The New York Times and others keep trying to claim that the current boom was simply the continuation of growth set in motion during the Obama years.

There’s a simple reason for this. The press is singularly fixated on bringing down Trump at all costs. Since good economic news will help Trump, it must be overlooked.


 

The Remarkable Trump Economy Is Making Life Better For ALL Americans

On the strength of the economy alone, if Donald Trump were a Democrat, the Establishment Media would be nominating him for sainthood by now. 

It has been a remarkable transformation from the eight long and tepid years of Barack Obama that saw the rich get much richer and the poor and Middle Class squeezed into near oblivion.

Obama is gone, Trump is in, and all Americans, regardless of race and/or socioeconomic background, are now doing much-much better. 

Via the Washington Times:

The actual New York Times, which has published scathing criticisms of President Trump, was admitting in a June 1 article that the U.S. economy is strong beyond description right now.

Words such as “splendid” and “excellent” certainly fit, according to reporter Neil Irwin: “Those are the kinds of terms that are appropriate when the United States economy adds 223,000 jobs in a month, despite being nine years into an expansion, and when the unemployment rate falls to 3.8 percent, a new 18-year low.

There’s more. Average hourly earnings are up 2.7 percent over the last year, while unemployment has dropped. It’s even lower for black Americans — 5.9 percent, “the lowest on record,” which we would count as ‘great’,” Mr. Irwin wrote.

The unemployment rate is also near historic lows for Hispanics (4.9 percent) and for women (3.6 percent).

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While the media continues to spew its hateful anti-Trump 24/7 diatribes that claim the president is “racist” or “anti-woman” the Trump economy continues to improve the lives of those very same people.

The media is the lie.

The Trump economy is the truth.

Consider the following:

According to the U.S. Bureau of Labor Statistics, the average unemployment rate for black Americans during the eight Obama years was nearly 13%.

During the eighteen months of the Trump presidency that average unemployment rate has fallen to just over 6%.

Donald Trump has improved the employment outlook for black Americans by more than 100% vs the Obama years – and that number continues to improve!

Similar gains are being made for Hispanics, women, young, and old – EVERYONE is benefitting from the Trump economy.

America is once again able to offer the American Dream to more people than it ever has before and yet the Establishment Media and D.C. Machine would have you believe otherwise. They claim Donald Trump is racist for wanting safe and secure borders. That he’s reckless for demanding other nations stop taking advantage of disastrous trade agreements. That he’s a warmonger for wanting a strong military even as he navigates potentially world-changing peace agreements.

The enemies of President Trump are drowning in their own repeated lies while Trump continues to help move the nation forward to a better, safer, and more prosperous place.