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catbyte

(34,393 posts)
Mon Sep 14, 2020, 03:26 PM Sep 2020

These startling new statistics show just how bad Trump's policies are for most of America

By David Cay Johnston, DC Report @ Raw Story - Commentary

September 14, 2020


If you are in the 99% here is how well you are faring under Trump policies compared to the 1%—for each dollar of increased income that you earned in 2018, each One-Percenter got $88 more income.

Huge as that ratio is, it’s small change compared to the super-rich, the 0.01% of Americans with incomes of $10 million and up. That ratio is $1 for you and $2,215 for each super-rich American household.

The slice of American income pie going to the poor shrank under Trump by the same amount that it grew for the super-rich.


Ponder that for a moment. For each additional dollar that you earned in 2018 compared to 2016, each of the wealthiest taxpayers got an additional $2,215.

snip

https://www.rawstory.com/2020/09/startling-new-data-shows-just-how-bad-trumps-policies-are-for-most-of-america/

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Enlightneing, infuriating read. I cna't understand why so many people trust that thing with the economy.
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These startling new statistics show just how bad Trump's policies are for most of America (Original Post) catbyte Sep 2020 OP
I don't understand why so many trust ANY republican with the economy. BComplex Sep 2020 #1
They trust him with the economy for two reasons: CrispyQ Sep 2020 #2
👆 This. crickets Sep 2020 #4
The average American Trump voter really dislikes thinking. They limit their exposure to information Karadeniz Sep 2020 #3

CrispyQ

(36,470 posts)
2. They trust him with the economy for two reasons:
Mon Sep 14, 2020, 03:41 PM
Sep 2020

1) For decades the right has been telling the American public that republicans are better for business/economy. Even though evidence shows that dems are better, we are quiet & let them frame the narrative & rule the debate.

2) Too many people judge the economy by the DOW & not by how far their dollar goes at the grocery store, or when the last time was they got a pay raise that actually give them an edge up in their life vs. just barely keeping up with inflation.

So many of our problems come down to a gullible, ignorant public.

"As people do better, they start voting like Republicans - unless they have too much education and vote Democratic, which proves there can be too much of a good thing." ~Karl Rove




Karadeniz

(22,521 posts)
3. The average American Trump voter really dislikes thinking. They limit their exposure to information
Mon Sep 14, 2020, 03:41 PM
Sep 2020

To avoid having to use their brains. They prefer being told what to think, so they're easy marks for fascist dictatorial govts like Trump and the GOP and their backers want.

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