DBA
Diamond Member
- May 10, 2015
- 13,649
- 12,216
- 2,290
Just a does of reality for all you Trump haters. The proof is again in the pudding. interestingly, look who benefited the most. But alas, these are the folks that are lock-step with the Democrats. Ignorance at best. We know it has taken a hit due to COVID, but it can be fixed under Trump. It will plummet with Biden.
Real median incomes of white, Black, Asian, and Hispanic households all increased from the prior year. Lower-income households did particularly well after missing out on income gains earlier in the expansion. The mean income of the lowest fifth of households rose 9% last year, a larger gain than for any other quintile of households.
U.S. Incomes Up, Poverty Rate Down in 2019
Real median incomes of white, Black, Asian, and Hispanic households all increased from the prior year. Lower-income households did particularly well after missing out on income gains earlier in the expansion. The mean income of the lowest fifth of households rose 9% last year, a larger gain than for any other quintile of households.
U.S. Incomes Up, Poverty Rate Down in 2019