The Economic Numbers Under President Trump

Steve Moore posted an article at Fox Business on Thursday about the economy under President Trump.

The article includes the following:

The article explains:

In one Washington Post piece, the reporter sneers of Trump’s “rambling distortions” and complains: “Trump’s numbers appear to have originated in a pair of columns from the Heritage Foundation’s Steve Moore, who used research from a private firm called Sentier Research.”

Stop right there. Yes, it is true the data comes from Sentier Research — a private firm. But what is not ever mentioned in the article is that the data come from the Census Bureau’s “Current Population Survey,” which is the gold standard of economic data.

The article concludes:

In my analysis on these numbers, I have openly admitted these monthly data are a first rough estimate of what is happening with incomes over time — just as the jobs numbers are. They catch the trends over time.

Three years into the Trump presidency there is no calamity and there is no recession. Trump is right to recite real and legitimate data that substantiates the on-going middle-class boom in America today. It isn’t Trump, but his accusers who are engaged in “rambling distortions” and who deserve Pinnochio noses.

The questions for the 2020 elections are: “Do you want your income to continue to grow, and do you want to keep more of what you earn? How much of the money you have earned are you willing to give to people who did not earn it?”