REPORT: Over A Million Households Have Risen To Middle Class Under Trump, According To Census Data

The Purge

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Over a Million Households Climbed to Middle Class Under Trump, Census Data Shows

More than 1.2 million American households moved to above $50,000 in annual income between 2016 and 2018, according to Census Bureau data released on Sept. 10, a sign of a growing middle class.

(Excerpt) Read more at thegatewaypundit.com ...

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Absolutely amazing.

Remember....the DemonRATS have always said it's about the economy.

Now it's changed....free GOVERNMENT health care....free college....no more fossil fuels....

Where are they going....Next is your guns and your freedom of speech as they go full Communist!

I remember, when the President was running, knit picking every time the President opened his mouth about driving the economy....and that if he was elected, the Stock Market would go through the floor.
 

The American Dream Is Alive and Well—in China


13487151984_205e4e6f18_k-750x500.jpg


Home ownership has been called “the quintessential American dream.” Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the banks. Compare China, where, despite facing one of the most expensive real estate markets in the world, a whopping 90% of families can afford to own their homes. ( in China)
 
The American Dream Is Alive and Well—in China

13487151984_205e4e6f18_k-750x500.jpg


Home ownership has been called “the quintessential American dream.” Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the banks. Compare China, where, despite facing one of the most expensive real estate markets in the world, a whopping 90% of families can afford to own their homes. ( in China)

What a joke. It says owner occupied in US compared to 90% in China can afford. How many are owner occupied in China? And uses the equity figure from 2008...
 
… 90% of families in the country own their home, giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other liens. On top of this, north of 20% of urban households own more than one home.
 
The American Dream Is Alive and Well—in China

13487151984_205e4e6f18_k-750x500.jpg


Home ownership has been called “the quintessential American dream.” Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the banks. Compare China, where, despite facing one of the most expensive real estate markets in the world, a whopping 90% of families can afford to own their homes. ( in China)

property taxes can make homes unaffordable in America
 

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