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Middle-Income Trends

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President Biden claims that “after decades of trickle-down economics, we’ve written a new playbook that’s growing the economy from the middle out and the bottom up.”

IN FACT, real median household cash income grew 8 times faster in the first 3 years of Trump’s presidency than the first 3 years of Biden’s:

“Trickle-down economics” is a slur against low taxes and free markets, which helped the U.S. achieve the highest standard of living in the world.

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