(The Lion) — Every income group did better under President Donald Trump in his first term than former President Joe Biden, new economic data show, and Trump’s second term is showing great gains.
From January to June this year, “the average median household income adjusted for inflation for the average family in America is already up $1,174. That’s a huge gain,” said Heritage Foundation economist Stephen Moore at an impromptu press conference on Aug. 7 in the Oval Office.
“That’s an incredible number,” Trump responded. “And if I would have said this no one would have believed me.”
Charts also showed Biden policies benefitted only the rich, but Trump caused income gains among lower- and middle-income families, as well as the upper-class.
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