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America's Keepers, Donald Trump, Economy, Fake News, Joe Biden, Obama, Poverty -

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. President Trump’s critics can’t deny that the economy is doing well, so instead they insist all...

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Donald Trump, Economy, Poverty, Unemployment -

The U.S. poverty rate declined slightly last year, but finally fell below the 2007 level, right before the Great Recession pushed millions of Americans out of work and into financial distress. The improving economy was a key factor in the decline. The U.S. Census Bureau noted in its annual report on income & poverty that there were 2.3 million more full-time, year-round workers last year and that median earnings for all such workers rose by more than three percent.U.S. Census Bureau statistics from its American Community Survey (ACS) show a decline in poverty rates in 13 of 25 of the most populous metro...

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