Power Line's John Hinderaker summarizes findings of a study of household income growth under the Obama, Trump, and Biden administrations, done by the Committee to Unleash Prosperity. What they found goes far to explain Trump's reelection. The Committee writes:
Real median household income grew ten times more under Trump ($6,400) than under Biden ($550).
Real median household income grew more in Trump’s first four years in office ($6,400) than they did combined in Obama’s eight years in office and Biden’s one term in office ($5,550).
The lowest income category of Americans had the largest gains of income under Trump. The bottom 25% gained 10% in income, the median household gained 8% and the richest 25% gained 7%.
To which Hinderaker adds this dry comment.
Liberal policies are great for thin slices of the elite population and for some welfare recipients and public employees, and bad for pretty much everyone else.
"Everyone else" constitutes a majority of the population, hence Trump II. Plus Vance I, if the GOP doesn't waste their advantage.
