Incomes Up, Poverty Down in 2017

Middle-Class Income Hits All-Time High, Poverty Rate Falls

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And Obama claims he’s responsible for all of it!

Right.

The numbers, along with low unemployment figures, are part of the reason Trump has emphasized that the American economy is back.



The Economy is soooo good, perhaps the best in our country’s history (remember, it’s the economy stupid!), that the Democrats are flailing & lying like CRAZY! Phony books, articles and T.V. ‘hits’ like no other pol has had to endure-and they are losing big. Very dishonest people!” Trump tweeted Monday.

Much more @ Middle-Class Income Hits All-Time High, Poverty Rate Falls
 
Trump is doing a crappy job of getting the word out on his successes. He needs to improve his hyper-partisan and spend more time putting up with the hecklers in blue and purple states. He is wasting too much time on the people who at a minimum consider him the lesser evil.
 
Trump is doing a crappy job of getting the word out on his successes. He needs to improve his hyper-partisan and spend more time putting up with the hecklers in blue and purple states. He is wasting too much time on the people who at a minimum consider him the lesser evil.
He should do a monthly fireside via the web.
 
What we're witnessing are illusionary gains in income which are caused by inflation. In time, many of the working class will be bumped into a higher tax bracket as a consequence of the way the government now measures the effect of inflation on the standard of living. Recall that chained cpi is the new model adopted into the GOP tax plan as opposed to standard cpi. Chained cpi, of course, is a specific model of measurement which strategically understates the effect of inflation on the standard of living for Americans.

Any sources which tend to paint a good picture should be rendered propaganda which serves no purpose other than to hide the distortion in the market/economy from the electorate.

Americans did not get a tax cut. Americans were hit with a tax increase in the form of the inflation tax. It is a gradual tax increase. It started out small, and it's still small, yet still gradually increasing and now becoming a little noticable. It will reach its maximum peak in about six and one half years when it ends. Politicians love the inflation tax because they do not have to debate it or vote on it. It just happens. And because they do not have to vote on it and because Americans aren't typically students of economic theory and monetary policty, the gradual tax increase isnt ever really discussed. It's hidden. And its regressive. The media sure as heck won't talk about it and the stats and graphs are designed to hide the distortion.

I'm sorry.
 
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