For the past 8 years the middle-class has suffered under the policies of Barack Obama, who despite evidence to the contrary touted an “economic recovery” at every turn, and this resulted in many working class voters supporting a businessman to lead the country forward.
Donald Trump touted policies of job growth, restoring the middle-class and putting Americans back to work during his campaign. Although Trump has only been in office barely 4 months and many of his policies have not been enacted, the confidence that American businesses feel for the future since Trump was elected is palpable.
In fact, consumer confidence reached a 15-year high at the end of February, which received little coverage as the media was busy manufacturing fake news headlines attacking Trump.
Now, another major economic indicator has peaked for the first time in 15 years, and that is average household income which is now at its highest since 2002.
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.”
Sentier Research uses monthly income data collected by the Census Bureau’s Current Population Survey for its annual income and poverty report to measure month-by-month changes in median incomes. As the group’s latest report states, this “provides an interim measure that tracks income changes on a monthly basis.”
Although data is limited since Trump has been in office, numerous economic indicators are showing tremendous strides in a positive direction, which was sorely lacking under Obama.
Unfortunately, this and other achievements that President Trump has delivered to the American people receive little attention in the media, as they desperately attempt to keep the “Russian collusion” lie afloat.
Networks like CNN are far too concerned with reporting on how many scoops of ice cream Donald Trump has with his dessert than an improving economy and financial relief for the American working class.
The mainstream media no longer serves its intended purpose, which is to deliver unbiased reporting to the public and allow them to formulate their own beliefs based on facts. Instead, the media is dictating to their viewers what to believe, how to think and which politicians they should love or hate. To make matters worse, they portray more than just an anti-Trump bias, but rather a pure hatred for the man, his movement and anyone who even agrees with his policies in the slightest.
Little do they realize, more Americans are turning to alternative media for their news and for many its their only option to hear opposing views to liberal narratives. In fact, it’s often the only source to find reporting on positive events occurring for America and her citizens as a result of Trump’s policies.
Despite all the efforts by the mainstream media to control the narrative, it seems they cannot stop hard working Americans from believing that the economy can recover and will improve under Donald Trump.