Saturday, January 11, 2020

Bottom Half of Households Nearly 50% Richer Under Trump

Via Billy

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The Trump economy is giving the greatest benefits to those who have been at the bottom, according to new data from the Council of Economic Advisers.

Data released by the CEA shows that over 11 quarters from the end of 2016 through the first half of 2019, the net wealth of the top 1 percent of American households rose 13 percent. However, that rise is dwarfed by the 47 percent increase seen by the bottom 50 percent of America’s households over that same period.

More @ WJ

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