Posted on 05/24/2017 4:46:50 AM PDT by IBD editorial writer
For eight years, President Obama endlessly talked about "middle class" economics. All the while, middle-class family incomes were stagnant. Now they are on the rise. Could Trumponomics be the reason?
In April, real median household income reached $59,361, according to the latest report from Sentier Research. That's up 2% since January, and is as high as it's been since February 2002. Expressed as an index, median household income was 100.9 in April, which is the first time this index has topped 100 since December 2008.
By comparison, this index was also lower when Obama left office than when he came in — it stood at 99.2 in January 2009, and was 98.9 in January 2017. It was just 1.7% higher than when the recession ended in June 2009. Last year, incomes barely budged, Sentier data show.
Another way to look at it: median income has climbed faster in President Trump's first three months in office than it did during 7-1/2 years of Obama's economic "recovery."
(Excerpt) Read more at investors.com ...
Good. Now we just need to stop diverting 30% of our incomes to pay for 0bamaoCair.
Looking for a good job in Florida?
Sally Mullihan of Coral Springs, FL, decided to take one of the jobs that most Americans are not willing to do.
Sally applied for a job in a Florida lemon grove and seemed to be far too qualified for the job. She had a liberal arts degree from the University of Michigan and had worked as a social worker and a school teacher.
The foreman frowned and said, “I have to ask you, have you had any actual experience in picking lemons?”
“Well, as a matter of fact, I have,” she said: “I’ve been divorced three times, owned two Chryslers and I voted twice for Obama.”
She starts work in the morning!
And the media insists the Donkeys will win back the House and senate in 18.
Ok, don’t shoot the messenger on this but before we proclaim this to be the result of the Donald we need an answer to this question: what actions or policies taken from Nov. to March by the Trump team and administration resulted in this increase which was measured in April?
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