Quantcast
Connect with us

Trump claimed ‘inequality is down’ — one day later federal data showed the exact opposite is true

Published

on

“The separation between rich and poor from 2017 and 2018 was greater than it has ever been.”

Federal data released Thursday showed U.S. income inequality in 2018 reached the highest level since the Census Bureau began measuring it five decades ago, a finding that comes less than 24 hours after President Donald Trump said “inequality is down.”

ADVERTISEMENT

The Census survey found that the nation’s Gini Index—which measures inequality on a 0 to 1 scale, with 0 representing perfect equality—reached 0.485 in 2018.

In 1967, the U.S. Gini Index was 0.397.

“The separation between rich and poor from 2017 and 2018 was greater than it has ever been,” the Washington Post reported. “The gulf is starkest in wealthy coastal areas such as Washington, D.C., New York, Connecticut, and California, as well as in areas with widespread poverty, such as Puerto Rico and Louisiana.”

ADVERTISEMENT

The Census data contradicts Trump’s claim Wednesday that inequality is declining under his administration after he pushed tax cuts and other policies that disproportionately rewarded the wealthiest Americans.

“Wages are up, and inequality is down,” Trump said during a press conference following the United Nations General Assembly meeting in New York. “Something that people don’t like writing about.”

Wages have increased slightly in recent years. But, according to the Economic Policy Institute (EPI), “nominal wage growth has been far below target in the recovery.”

ADVERTISEMENT

Donna Ginther, an economist at the University of Kansas, echoed that point in response to the new Census data.

“We’ve had a period of sustained economic growth, and there are winners and losers. The winners tend to be at the top,” Ginther told USA Today. “Even though we are at full employment, wages really haven’t gone up much in the recovery.”

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Trump’s next 100 days will dictate whether he can be re-elected or not — here’s why

Published

on

According to CNN pollster-in-residence Harry Enten, Donald Trump's next 100 days -- which could include an impeachment trial in the Senate -- will hold the key to whether he will remain president in 2020.

As Eten explains in a column for CNN, "His [Trump's] approval rating has been consistently low during his first term. Yet his supporters could always point out that approval ratings before an election year have not historically been correlated with reelection success. But by mid-March of an election year, approval ratings, though, become more predictive. Presidents with low approval ratings in mid-March of an election year tend to lose, while those with strong approval ratings tend to win in blowouts and those with middling approval ratings usually win by small margins."

Continue Reading

Breaking Banner

After Trump: No free pass for Republicans — they own this nightmare

Published

on

With the impeachment inquiry leveling up this month as public hearings begin, and with an election that might actually be the end of Donald Trump now less than a year away, the campaign to let Trump's Republican allies — even the most villainous offenders — move on and pretend this never happened is already underway.

This article first appeared in Salon.

Sadly, the clearest articulation of the let-bygones-be-bygones mentality has come from a Democrat — unsurprisingly, former Vice President Joe Biden.Biden, who is still, somehow, the frontrunner in Democratic primary polling, spoke at a chi-chi fundraiser on Wednesday, and dropped this pearl of wisdom: "With Donald Trump out of the way, you’re going to see a number of my Republican colleagues have an epiphany."

Continue Reading
 

Elections 2016

As climate crisis-fueled fires rage, fears grow of an ‘uninhabitable’ California

Published

on

As activist Bill McKibben put it, "We've simply got to slow down the climate crisis."

With wildfires raging across California on Wednesday—and with portions of the state living under an unprecedented "Extreme Red Flag Warning" issued by the National Weather Service due to the severe conditions—some climate experts are openly wondering if this kind of harrowing "new normal" brought on by the climate crisis could make vast regions of the country entirely uninhabitable.

Continue Reading