Trump is doing a great job on the economy and the American people are happy about it. That is terrible news for Democrats who absolutely want Trump to fail. They’re out of luck.
Check out this editorial from Investor’s Business Daily:
Bad News For Dems: Household Income Hits All-Time High Under Trump … And He’s Getting Credit For It
Growth: A new report shows that the median household income has climbed 3% since President Trump took office. It’s another sign of a strong economy, and at least one poll shows the public credits Trump for the good news. Should Democrats wave bye to the Blue Wave?
Median household income has been steadily increasing under Trump, rising from $59,471 in January 2017 to $61,483 last month, according to Sentier Research, which tracks income on a monthly basis using census data.
This also means that household income is now higher than it’s been in at least 50 years — after adjusting for inflation.
This is a sharp turnaround from the Obama years. Sentier data show that median household income was the same when President Obama left office as when he arrived. Under Obama, household incomes continued to fall steeply for two full years after the recession officially ended, and then took four years to make up that lost ground. Incomes then flatlined again, posting no overall gain between August 2015 and December 2016.
This is just another indication that the economy has notably strengthened under Trump. And polls show that the public’s mood has brightened considerably as a result.
This tweet from Ari Fleischer sums it up nicely:
No piece of economic data is more important than this. If people, particularly blue collar workers, actually feel their wages are rising, it’s the most important factor in politics. This has huge implications for 2018 and 2020. https://t.co/H7CdgP759E
— Ari Fleischer (@AriFleischer) May 23, 2018
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