One of the more amazing findings of our analysis of Census Bureau statistics on real income is that median household income adjusted for inflation grew SLIGHTLY more in Trump’s first term (2016-20) than in the COMBINED 12 year regimes under Obama (2008-16) and Biden (2020-24). The chart below shows the results.
If we look at the annual gains under Trump versus Obama-Biden, the median income rose by $1,600 a year under Trump and closer to $500 a year under Obama.