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Economy Election

Household income report shows why Trump received high Gallup approval rating

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Public opinion polls of late have been riddled with bad news for President Donald Trump. Many have shown his Democratic rival, Joe Biden, maintaining or expanding the lead he has held for much of the year.

But Trump recently received good news from the Gallup organization. 

During September, the pollster asked roughly 1,000 registered voters: Are you better off today than you were four years ago?

Fifty-six percent answered yes. That seemed to be the highest mark Gallup has recorded for an incumbent in a presidential re-election year. 

The pollster indicated it took the idea from a comment Ronald Reagan made during the 1980 campaign. When it posed the question in 1984, as Reagan ran for re-election, 44 percent replied affirmatively. Just 38 percent agreed in 1992, when President George H.W. Bush sought re-election. His son, President George W. Bush, did better when he was up for a second term in 2004, recording 47 percent. President Barack Obama reached 45 percent when he ran again in 2012. Gallup did not say what happened when President Bill Clinton ran for another term in 1996. 

In addition to that, the survey reported that 49 percent agreed with Trump on the issues, compared to 46 percent who favor Biden.

Then, the Census Bureau provided one reason why Trump made such a strong showing in the Gallup survey.

As was highlighted by CNSNews.com, the bureau reported that in 2019, U.S. median household income was $68,703. 

That was a new high. 

The bureau’s report, which was actually released last month, noted that median household income grew by 6.8 percent last year, relative to 2018. 

“That’s the highest median U.S. household income since we began recording it,” wrote Jonathan Rothbaum, chief of the Income Statistics Branch in the Census Bureau’s Social, Economic, and Housing Statistics Division.

Rothbaum acknowledged that on the surface the results may have skewed upward because of the pandemic. In other words, more wealthier families responded to the inquiry. He also wrote that changes to the questionnaire, made in 2014 and in 2017 in an effort to improve the data, could have affected the findings.

Yet, he offered, “What happens when changes are not taken into account? Without adjusting for these changes, median household income was higher in 2019 than in any year since 1967, the first year the data are available.”

Rothbaum added, however, even after factoring in the changes, “With or without the adjustment, income in 2019 was significantly higher than in all years … since the data was collected.” 

And as for the initial review of how COVID-19 influenced the research, Rothbaum added, “Our current estimate is that income in 2019 was about 4.1% higher than in 2018, indicating median household income in 2019 was (emphasis original) the highest on record.”

As Clinton famously argued, it’s the economy stupid. And the U.S. economy under Trump has far outshone anything Biden can claim.

PHOTO: Samuel Corum/Getty Images

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