A new study indicates that the median family income for the middle-class in America is rising, substantially.
According to The Daily Mail:
Economist and author Stephen Moore highlighted a new study that says the middle class is getting richer, faster for President Trump than it did for recent presidents.
Moore, who helped write the 2017 tax cuts, cited a report from the Census Bureau and said: ‘Since Donald Trump was elected and took office through July of 2019, median family incomes, middle-class incomes are up $4,100.’
For the 12 months ending in July, the real median household income – those in the very middle – was $65,084.
Moore contends with such economic prosperity for households, ‘If these numbers hold up, it’s going to be difficult for any Democrat to beat Donald Trump because he’s proven to be the blue-collar president,’ he told Fox News.
Moore went on to state that the President has raised middle-class earnings while Democrat presidents have failed to do so.