Political Quotes

“Mr. Speaker, in recent days, I have been doing some research. In fact, one of the things I was looking at is the average income over the last couple of decades going back to 1991, and this was average annual wage according to the Social Security Administration, so maybe somebody would take issue with their accuracy. But according to their numbers, during the Clinton administration, the average American's income went up each year about $1,000 a year. So over President Clinton's 8 years in office, the average income went up about $8,000 over those 8 years. Under President Bush, it was a little more than $1,000 a year during his 8 years. But during the Obama administration it was between a $7,000 and $8,000 increase during the Obama administration. Then during the 4 years of the Trump administration, the average income went up about $2,000 a year. It was between $7,000 and $8,000 for the 4 years, a dramatic increase. But I was shocked, as I was looking at different numbers, to find that the net worth for Black households in America during the 8 years of the Obama administration went down by 30 percent, on average. During the Trump administration, it didn't go down. It went up significantly.…”