Economy

Trump Gained ‘10 Times More Income’ for Average Families Than Biden, Says Economist

U.S. job creation was overestimated by 1.5 million in 2023 and 2024, Stephen Moore says.
Trump Gained ‘10 Times More Income’ for Average Families Than Biden, Says Economist
Economist Stephen Moore speaks at the Conservative Political Action Conference 2020 (CPAC) in National Harbor, Md., on Feb. 28, 2020. Samuel Corum/Getty Images
Andrew Moran
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President Donald Trump defended his economic record on Aug. 7 by presenting reporters with a series of charts on jobs and household income.

Appearing alongside economist Stephen Moore, co-founder of the advocacy group Committee to Unleash Prosperity, Trump highlighted the economy’s gains under his presidency and contrasted them with those under former President Joe Biden.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."