Wonder when the subversives will actually give Trump credit for this growing economy?
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blog ^ | Sep 12, 2018 | Don Surber
President Trump hates the poor so much that he is getting rid of them by giving them jobs and getting them off the public dole.
That is how CNN should spin this report if the never-right Chris Cillizza had his say.
Reuters reported, "The median U.S. household income rose for a third straight year in 2017 and the poverty rate declined further, government data showed on Wednesday."
I did a little digging. The last time poverty was this low was 2006. Before that, 2003. Clinton actually got it down to 11.3% in his final year in office.
Median income is at an all-time high of $61,372 per year. That's roughly $30 an hour.
“The median income is statistically tied to the pre-recession estimate for 2007 and 1999, the year with the highest estimated median household income,” Trudi Renwick, an assistant division chief at the Census Bureau, told Reuters.
People who were without health insurance at any time in 2017 stood at 8.8%, the same as the 2016 rate. This is reported as people without health insurance, but the actual question includes those who are insured but were uninsured sometime in the previous 12 months.
This reflects an unemployment rate which has dropped by about one point to a 49-year low of 3.9%, a number also achieved in 2000.
It may drop further.
CNBC reported just yesterday, "Job openings hit a record in July, closing in on 7 million amid a jump in vacancies for finance and manufacturing, the Labor Department reported Tuesday.
"Vacancies outnumbered those classified as unemployed by 659,000 for the month, an unprecedented trend that began earlier this year. Openings rose by 117,000 from June, to 6.94 million, and are up 737,000 over the past year, a nearly 12 percent increase, the department said in its monthly Job Openings and Labor Turnover Survey.
"The quits rate, an indicator of worker confidence as it measures those who left their positions voluntarily, also hit a record of 3.6 million, a gain of 106,000, according to Bureau of Labor Statistics records that go back to December 2000. The quits rate of 2.4 percent is the highest recorded since April 2001 and was up one-tenth of a percentage point from a month ago."
Prosperity grows. Poverty pimps hardest hit.
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blog ^ | Sep 12, 2018 | Don Surber
President Trump hates the poor so much that he is getting rid of them by giving them jobs and getting them off the public dole.
That is how CNN should spin this report if the never-right Chris Cillizza had his say.
Reuters reported, "The median U.S. household income rose for a third straight year in 2017 and the poverty rate declined further, government data showed on Wednesday."
I did a little digging. The last time poverty was this low was 2006. Before that, 2003. Clinton actually got it down to 11.3% in his final year in office.
Median income is at an all-time high of $61,372 per year. That's roughly $30 an hour.
“The median income is statistically tied to the pre-recession estimate for 2007 and 1999, the year with the highest estimated median household income,” Trudi Renwick, an assistant division chief at the Census Bureau, told Reuters.
People who were without health insurance at any time in 2017 stood at 8.8%, the same as the 2016 rate. This is reported as people without health insurance, but the actual question includes those who are insured but were uninsured sometime in the previous 12 months.
This reflects an unemployment rate which has dropped by about one point to a 49-year low of 3.9%, a number also achieved in 2000.
It may drop further.
CNBC reported just yesterday, "Job openings hit a record in July, closing in on 7 million amid a jump in vacancies for finance and manufacturing, the Labor Department reported Tuesday.
"Vacancies outnumbered those classified as unemployed by 659,000 for the month, an unprecedented trend that began earlier this year. Openings rose by 117,000 from June, to 6.94 million, and are up 737,000 over the past year, a nearly 12 percent increase, the department said in its monthly Job Openings and Labor Turnover Survey.
"The quits rate, an indicator of worker confidence as it measures those who left their positions voluntarily, also hit a record of 3.6 million, a gain of 106,000, according to Bureau of Labor Statistics records that go back to December 2000. The quits rate of 2.4 percent is the highest recorded since April 2001 and was up one-tenth of a percentage point from a month ago."
Prosperity grows. Poverty pimps hardest hit.
