https://www.theepochtimes.com/over-a-million-households-climbed-to-middle-class-under-trump-census-data-shows_3080021.html
The data is a boon to President Donald Trump, whose platform is centered on a strong economy and promises of increased prosperity.
While in 2016, some 58.5 percent of households enjoyed more than
$50,000 in total money income, the share rose to more than 60 percent in
2018. The median household income, meanwhile, rose by nearly 2.3
percent—with all figures adjusted for inflation.
The comparison isn’t quite apples-to-apples since the bureau
implemented a new methodology in its latest report that somewhat
influenced the results for both 2018 and 2017.
Still, the data bears out a middle-class expansion unseen since the
1960s. Nearly 30 percent of households pulled in between $50,000 and
$99,999 in 2018. That’s up from less than 29 percent the year before—the
fastest increase since 1968.
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