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2019 - Median Household Income - Increased 6.8 percent from 2018 - MAGA!


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2019 - Median Household Income - Increased 6.8 percent from 2018 - MAGA!

 

- Median household income was “$68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324,” according to the U.S. Census Bureau September 15. University of Michigan professor of economics and finance Mark J. Perry tweeted a day later that this “was the highest on record and about 10X the average increase of 0.72% since 1968.” Also, the official poverty rate in 2019 dipped to 10.5 percent, “the lowest rate observed since estimates were initially published in 1959,” according to the Bureau. [Emphasis added.]

Lastly, Bloomberg News reported September 16, that current homebuilder optimism “jumped five points from a month earlier to 83, beating estimates and hitting the highest level in 35 years of the survey, according to the National Association of Home Builders/Wells Fargo Market Index. It was 78 last month, which matched the previous record from 1998.”

ABC World News Tonight, CBS Evening News and NBC Nightly News all ignored reporting any of this news on their evening broadcasts over the past two days. This latest bit of journalist malfeasance continues a long trend of keeping the American people in the dark on good news in President Donald Trump’s economy.

Concerning median household income in particular, the Census Bureau reported that “[t]he 2019 real median incomes of family households and nonfamily households increased 7.3 percent and 6.2 percent from their respective 2018 estimates.” But the good news doesn’t stop there: “This is the fifth consecutive annual increase in median household income for family households, and the second consecutive increase for nonfamily households.”

For extra measure, “[t]he 2019 real median incomes of White, Black, Asian, and Hispanic households all increased from their 2018 medians,” the Census Bureau said. On homebuilder optimism, Bloomberg News noted that “[a]n S&P index of homebuilder stocks has more than doubled since March 23 and is near a record high.” [Emphasis added.]

The Big Three apparently didn’t think any of this was worth coverage, especially now that Americans are grappling with an upcoming electoral decision on which presidential candidate would best be able to restore the U.S. economy.

As previously reported, the MRC documented 13 separate instances in 2020 where the Big Three ignored good economic and market news that even had the slightest chance of boosting Trump’s economic image.

The Big Three counterpart morning news shows have also proven themselves to be no better. Recently, ABC’s Good Morning America, CBS This Morning and NBC’s Today all ignored the U.S. unemployment rate dropping nearly two percentage points to 8.4 percent in August from 10.2 percent in June.

 

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  • Blue Devil changed the title to 2019 - Median Household Income - Increased 6.8 percent from 2018 - MAGA!

That was based on 2019.

It is no longer 2019, an unemployment in 2020 took a HUUUUGE nosedive.

Income is down for 2020. Unemployment is up. Median income has plummeted.

Why? Because Trump FAILED to take measures to protect the citizens.

He chose to play golf, and that also allowed his hotels and resorts to continue making money, rather than becoming a liability for  Trump, Inc.Trump thinks of Trump first. He also thinks of Trump Second through Trump Ninety-ninth.

 

If there were money in it, Trump would kill us all and render us for our fat, and sell the fat.

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2019 - Median Household Income - Increased 6.8 percent from 2018

 

That's why the democRATS and Communist China concocted their plan to wreck the economy using COVID.

 

Because those numbers would have guaranteed Trump's reelection in 2020.

 

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1 minute ago, XavierOnassis said:

It is no longer 2019, an unemployment in 2020 took a HUUUUGE nosedive.

 

Because of your friends, the Communist Chinese, XO.

 

And your party's complicity with them, XO.

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3 minutes ago, BeAChooser said:

 

Because of your friends, the Communist Chinese, XO.

 

And your party's complicity with them, XO.

No, Because of Trump's greed and desire to go golfing. Claiming he did not want to cause a panic is a lame excuse, because the characteristics of Covid-19 would not change whether he announced it sooner or later.

 

He could have left it up to the CDC to issue the warning and the necessary procedures, and then state that, "They are the experts, they have experience in dealing with pandemics", which was TRUE.

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13 minutes ago, XavierOnassis said:

That was based on 2019.

It is no longer 2019, an unemployment in 2020 took a HUUUUGE nosedive.

Income is down for 2020.

 

 

why is that ?

 

 

Could it be the   bioweapon from  China that caused that ???

 

 

 

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5 minutes ago, XavierOnassis said:

He could have left it up to the CDC to issue the warning and the necessary procedures, and then state that, "They are the experts, they have experience in dealing with pandemics", which was TRUE.

 

 

the  states  had the authority to do that... FEDERALISM  look it up

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5 hours ago, Blue Devil said:

2019 - Median Household Income - Increased 6.8 percent from 2018 - MAGA!

 

- Median household income was “$68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324,” according to the U.S. Census Bureau September 15. University of Michigan professor of economics and finance Mark J. Perry tweeted a day later that this “was the highest on record and about 10X the average increase of 0.72% since 1968.” Also, the official poverty rate in 2019 dipped to 10.5 percent, “the lowest rate observed since estimates were initially published in 1959,” according to the Bureau. [Emphasis added.]

Lastly, Bloomberg News reported September 16, that current homebuilder optimism “jumped five points from a month earlier to 83, beating estimates and hitting the highest level in 35 years of the survey, according to the National Association of Home Builders/Wells Fargo Market Index. It was 78 last month, which matched the previous record from 1998.”

ABC World News Tonight, CBS Evening News and NBC Nightly News all ignored reporting any of this news on their evening broadcasts over the past two days. This latest bit of journalist malfeasance continues a long trend of keeping the American people in the dark on good news in President Donald Trump’s economy.

Concerning median household income in particular, the Census Bureau reported that “[t]he 2019 real median incomes of family households and nonfamily households increased 7.3 percent and 6.2 percent from their respective 2018 estimates.” But the good news doesn’t stop there: “This is the fifth consecutive annual increase in median household income for family households, and the second consecutive increase for nonfamily households.”

For extra measure, “[t]he 2019 real median incomes of White, Black, Asian, and Hispanic households all increased from their 2018 medians,” the Census Bureau said. On homebuilder optimism, Bloomberg News noted that “[a]n S&P index of homebuilder stocks has more than doubled since March 23 and is near a record high.” [Emphasis added.]

The Big Three apparently didn’t think any of this was worth coverage, especially now that Americans are grappling with an upcoming electoral decision on which presidential candidate would best be able to restore the U.S. economy.

As previously reported, the MRC documented 13 separate instances in 2020 where the Big Three ignored good economic and market news that even had the slightest chance of boosting Trump’s economic image.

The Big Three counterpart morning news shows have also proven themselves to be no better. Recently, ABC’s Good Morning America, CBS This Morning and NBC’s Today all ignored the U.S. unemployment rate dropping nearly two percentage points to 8.4 percent in August from 10.2 percent in June.

 

1128380586.jpg

 

 

Where is the link to the article from the gov't agency?

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16 minutes ago, Scout said:

One has to laugh at the stupidity of someone who reads "Just the News" for information.

All you get there is MISinformation. 

 

Poor thing...

 

Screen%20Shot%202020-09-17%20at%2010.08.

 

Screen%20Shot%202020-09-17%20at%208.22.1

 

- Democrat National Socialism -
Obama-Crybaby.gif

 

Ha!

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44 minutes ago, XavierOnassis said:

No, Because of Trump's greed and desire to go golfing. Claiming he did not want to cause a panic is a lame excuse, because the characteristics of Covid-19 would not change whether he announced it sooner or later.

 

He could have left it up to the CDC to issue the warning and the necessary procedures, and then state that, "They are the experts, they have experience in dealing with pandemics", which was TRUE.

 

LOL!   Like the communist you are, you try to rewrite history.   So XO, who are you REALLY voting for, because it's not Biden.  You know full well that he won't be able to perform the duties of office.   So who?   CommieLa?   Or the communists pulling her strings?  Obama?  Who?

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I am confidently voting for Biden, because I know that you, like all Birchers, are full  of shit. I have confidence in Biden, Harris i Biden and I know that Trump is an aggressively ignorant, thieving corrupt megalomaniac that wants to become dictator and ruin my country.

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2 minutes ago, XavierOnassis said:

I am confidently voting for Biden, because I know that you, like all Birchers, are full  of shit. I have confidence in Biden, Harris i Biden and I know that Trump is an aggressively ignorant, thieving corrupt megalomaniac that wants to become dictator and ruin my country.

 

  No communista, no socialista for drugged up democrat voters.

images?q=tbn:ANd9GcSmQYsTStzcaAHvDPGDcAe

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35 minutes ago, XavierOnassis said:

I am confidently voting for Biden

 

No you're not.  What you're doing is LYING because everyone (except the braindead) knows that Biden already has serious dementia.  ALL the signs are there and even you could not have missed them.  So you're LYING, XO.   But then that's something you have lots of practice doing.

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Between 2018 and 2019, the real median earnings of all workers and full-time, year-round workers increased 1.4 percent and 0.8 percent, respectively

 

 

  • The 2019 real median earnings of men ($57,456) and women ($47,299) who worked full-time, year-round increased by 2.1 percent and 3.0 percent, respectively (Figure 4 and Table A-6). The 2019 female-to-male earnings ratio was 0.823, not statistically different from the 2018 ratio (Figure 5).

==========================================

 

These stats might indicate that the household income increase is the result

of working more hours outside the home.  

 

 

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