- Mar 29, 2020
- 81
- 54
- Country
- United States
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- United Methodist
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- Single
- Real GDP growth under President Trump has beaten the Congressional Budget Office’s (CBO) projections every year and exceeded the rate of the Obama Administration’s expansion.
- Nearly 7 million jobs have been created nationwide since President Trump’s election, including more than 500,000 manufacturing jobs.
- Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Americans without a high school degree, and disabled Americans have logged record lows.
- Nearly 2.5 million Americans have been lifted out of poverty, including nearly 1.4 million children.
- The poverty rates for African Americans and Hispanic Americans hit new lows in 2018.
- Wages are rising faster for the bottom 10 percent of earners than for the top 10 percent of earners, and wage growth for employees has surpassed wage growth for managers.
- Since President Trump’s historic tax reform, the lowest earners have enjoyed faster wage gains than every other income group.
- The net wealth held by the bottom half of households has grown by 47 percent—more than three times the rate of increase for the top 1 percent of households.
- Real household wealth has increased by nearly $12 trillion since the start of 2017.
Source for these statistics: The Historic Results Of President Donald J. Trump’s Economic Agenda | The White House
- Nearly 7 million jobs have been created nationwide since President Trump’s election, including more than 500,000 manufacturing jobs.
- Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Americans without a high school degree, and disabled Americans have logged record lows.
- Nearly 2.5 million Americans have been lifted out of poverty, including nearly 1.4 million children.
- The poverty rates for African Americans and Hispanic Americans hit new lows in 2018.
- Wages are rising faster for the bottom 10 percent of earners than for the top 10 percent of earners, and wage growth for employees has surpassed wage growth for managers.
- Since President Trump’s historic tax reform, the lowest earners have enjoyed faster wage gains than every other income group.
- The net wealth held by the bottom half of households has grown by 47 percent—more than three times the rate of increase for the top 1 percent of households.
- Real household wealth has increased by nearly $12 trillion since the start of 2017.
Source for these statistics: The Historic Results Of President Donald J. Trump’s Economic Agenda | The White House