Don’t be fooled: Working Americans are worse off under Trump - News Summed Up

Don’t be fooled: Working Americans are worse off under Trump


Its enthusiasm might have been dampened by this underappreciated economic reality: The typical working American's earnings, when properly measured, have declined during the Trump administration. They focus not on how much an average working person earns but on the "average earnings" of all employed people. But what about median earnings rather than average earnings — that is, earnings of those in the middle of the distribution? The typical working American's earnings increased $11 weekly over 18 months, barely more than one-quarter of the economic progress touted by the White House. In Ronald Reagan's succinct terms, average working Americans are worse off under the Trump presidency than they were under Obama's.


Source: Washington Post September 30, 2018 23:37 UTC



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