Tuesday, September 13, 2016

Trump Says Obama's a Disaster. Wages Up 5.2% in 2015, Best Year in Modern History

Also, ABC/Washington Post poll has Barack Obama's popularity at 58 percent. A disaster? Hmm.

Barack Obama has done well, is well liked. This is not good
for the GOP, but it's really good for Americans.

American wages went up more in 2015 than any year in modern history:
Middle-class Americans and the poor enjoyed their best year of economic improvement in decades in 2015, the Census Bureau reported Tuesday, a spike that broke a years-long streak of disappointment for American workers but did not fully repair the damage inflicted by the Great Recession.
Real median household income was $56,500 in 2015, the bureau reported, up from $53,700 in 2014. That 5.2 percent increase was the largest, in percentage terms, recorded by the bureau since it began tracking median income statistics in the 1960s.
In addition, the poverty rate fell by 1.2 percentage points, the steepest decline since 1968.
Also in WaPo it's reported that the uninsured rate has dropped to the lowest levels since the Great Depression:
About 4 million Americans gained health insurance last year, decreasing the nation’s uninsured rate to 9.1 percent, the lowest level since before the Great Recession, according to new federal figures.
The figures, released Tuesday from a large annual Census Bureau survey, show that the gains were driven primarily by an expansion of coverage among people buying individual policies, rather than getting health benefits through a job. This includes, but is not limited to, the kind of coverage sold on the insurance exchanges that began in 2014 under the Affordable Care Act.
 Not bad for a president that Donald Trump has called "a disaster."

1 comment:

  1. Nice reading your blog that you share in your articale that Trump Says Obama's a Disaster. Wages Up 5.2% in 2015, Best Year in Modern History.