- Trump can still run his businesses from the Whitehouse. Conflicts of interest?
The Trump economy[edit | edit source]
Median income under Trump:
- 2016 median income: 61779 (Trump takes office)
- 2018 median income: 63179
- Difference: +1400
Now median income under Obama:
- 2008 median income: 58811
- 2012: 55900
- Difference: -2911
Source: Click here to see interactive graph: https://fred.stlouisfed.org/series/MEHOINUSA672N/
This table A-2 listed on https://www.census.gov/data/tables/2019/demo/income-poverty/p60-266.html says the same thing: https://www2.census.gov/programs-surveys/demo/tables/p60/266/tableA2.xls
And now from: https://www.thebalance.com/us-gdp-by-year-3305543.
Yearly GDP growth for Obama from the table above:
|Year||Annual GDP growth under Obama|
Avg for Obama: 1.375% (Did printing all that money help this number? Who knows.)
|Year||Annual GDP growth under Trump|
Avg for Trump: 2.3%
Trumps yearly GDP average rate is nearly twice that of Obama's.