Under President Trump, Income Growth Has Slowed Across U.S.

Leslie kicks off the hour with her 'Ripped from the Headlines' news segment. She discusses the latest on the chaos surrounding the U.S. response to Coronavirus, as well as President Trump's new comments that he plans to cut Social Security and Medicare (despite previous promises to the contrary).

Leslie is then joined by David Cooper, a Senior Economic Analyst at the Economic Policy Institute, a nonprofit, nonpartisan think tank created in 1986 to include the needs of low- and middle-income workers in economic policy discussions. David conducts both national and state-level research, with a focus on the minimum wage, wage theft, employment and unemployment, poverty, and wage and income trends.

Leslie and David discuss a new report out from EPI, "Under President Trump, income growth has slowed across the U.S."
As Capital & Main reporter Jessica Goodheart writes, "New analysis of government data shows that, since Donald Trump took office, inflation-adjusted income growth has slowed significantly across the U.S.All but two states saw a decline in growth of real median household income under Trump – including Pennsylvania, Wisconsin, Michigan, and Florida, four states widely regarded as the key electoral battlegrounds that will likely determine the 2020 presidential election.Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation."

You can read the full report here - https://capitalandmain.com/under-trump-income-growth-slows-across-america-0222

Visit EPI's website at EPI.org and follow them on Twitter, their handle is @EconomicPolicy. David Cooper's handle is @MetaCoop.