WASHINGTON (BLOOMBERG) - The 'Trump Bump' hasn't benefited most Americans, with fewer than one in six saying their personal finances have improved since Donald Trump became president, according to a survey commissioned by Bankrate.com.. Read more at straitstimes.com.
WASHINGTON - The"Trump Bump" hasn't benefited most Americans, with fewer than one in six saying their personal finances have improved since Donald Trump became president, according to a survey commissioned by Bankrate.com.
Groups likely to report doing better under Mr Trump included men, those identifying as white, and those earning US$80,000 or more annually.Three out of five of those surveyed said they failed to see any improvement in their personal wealth during Mr Trump's presidency, even before the coronavirus slammed the United States, cratered the economy, and ate into stock market gains of the past three years.
"Despite low unemployment before the pandemic, income gains were slow in arriving during what we now understand was a 128-month long expansion," said Mr Mark Hamrick, senior economic analyst at Bankrate.com.About 42 per cent of those surveyed rated Mr Trump's overall handling of the economy negatively while 35 per cent say he's done a good or very good job.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump says police generally should not use choke holdsU.S. President Donald Trump said in an interview aired on Friday it would be a good thing if police use of choke holds was ended in most instances, although he suggested their use would be understandable in situations where an officer was in danger. 'I don't like choke holds ... (but) sometimes
Read more »
Facebook fires employee who protested its inaction on Trump tweetsA Facebook Inc employee who criticized Chief Executive Mark Zuckerberg's decision not to take action against inflammatory posts by U.S. President ...
Read more »
Trump addresses West Point grads but largely ducks controversiesPresident Donald Trump on Saturday (Jun 13) addressed the new graduating class of the West Point military academy, praising the 'righteous glory ...
Read more »
Anti-China group urges Trump administration to block Chinese companies from US markets: documentAn anti-China advocacy group that includes former White House adviser Steve Bannon is calling on the Trump administration to exclude Chinese ...
Read more »
President Trump aims to sidestep another arms pact to sell more US dronesWASHINGTON (REUTERS) - The Trump administration plans to reinterpret a Cold War-era arms agreement between 34 nations with the goal of allowing US defence contractors to sell more American-made drones to a wide array of nations, three defence industry executives and a US official told Reuters.. Read more at straitstimes.com.
Read more »
Trump postpones rally scheduled for 'Juneteenth' holidayDonald Trump has postponed a controversial rally scheduled for the same day as a holiday commemorating the end of slavery in the US, following ...
Read more »