Meanwhile…
Hispanics are doing well in the Trump economy.
And here’s important news concerning pre-existing conditions, Obamacare, and repeal. But maye it’s too complicated for most people to pay attention to.
Hispanics are doing well in the Trump economy.
And here’s important news concerning pre-existing conditions, Obamacare, and repeal. But maye it’s too complicated for most people to pay attention to.
Real income growth of 3.7 % for Hispanic households in 2017 isn’t part of the Trump Economy. His policies hadn’t taken affect yet.
Furthermore, income…like GDP and Corporate Earnings…is a lagging indicator. It “changes only after the economy has begun to follow a particular pattern or trend.”The numbers reflect Obama’s policies.
To be fair, if you want to credit Trump for 2017, look at the stock market. That’s a leading indicator…it predicts future trends.
To be fair, again…the linked article uses census data that also shows Asian Income falling 2.2% in 2017. If true, that’s not Trump’s fault.
Manju:
From the link:
Neo, take a look at the underlying data that forms the basis of the partisan talking points you’re regurgitating.
On page 2, you will see the 3.7% figure that the author of the opinion piece you link to uses to lead of his article. “Median income for Hispanic households grew by 3.7 percent, adjusted for inflation, last year;” he tells us. Now take a look at the lines above that figure. -2.2 and -0.2.
If you are to be consistent, you would have to worry that real medium income for Asians and Blacks appears to be shrinking or stagnating under the “Trump” economy.
I am here to tell you don’t worry. There is no reasonable way to blame Trump for those figures, for the totally banal econ 101 points I made above: his policies hadn’t taken effect yet and income data is a laggard to boot.
You can thank me later. Thank you’s are laggards.