argument top image

Should Donald Trump or Joe Biden win the 2020 US Presidential Election?
Back to question

Donald Trump has increased median US family income

Thanks to Trump, real median household income is at its highest level in US history. Census Bureau data shows this figure has jumped by 6% since 2016.
< (4 of 14) Next argument >

The Argument

In an effort to “Make America Great Again,” Donald Trump has kept America first when handling situations. It is evident that Trump has prioritized American families as the median household income has increased by almost 7 percent during the Trump presidency. President Trump has benefitted—and will continue to benefit—the American economy and should be re-elected in the 2020 election.[1] The Trump Administration has a plan to implement a new trade agreement between the United States and Japan. This policy would reduce barriers to trade and increase American exports to Japan. Ultimately, the US-Japan trade agreement would benefit American families and boost the median household income.[1] In addition, the Trump Administration will continue to impose tariffs on China and Europe to benefit American families. The billions of dollars from such tariffs would boost the US economy. As the American economy prospers, families would become wealthier and the median family income would rise. [2] President Trump has held America first and boosted the median family income during his first four years. He should be re-elected in the 2020 presidential election, so he can continue to make America wealthy.

Counter arguments

While President Trump claims that he has single-handedly boosted the economy to its peak, his efforts are just a continuation of Obama’s economic growth. Following the peak of the 2009 recession, President Obama stimulated the economy with an upward trend. The economic boom of the Trump Administration was only possible with the foundation laid by President Obama. [3] In addition, Trump’s tariffs have not benefitted the United States but instead started trade wars with China and the EU. For example, the tariffs have already caused the loss of over 300,000 jobs and an estimated $316 billion in lost revenue by the end of 2020. Clearly, Trump’s tariffs are doing more harm than good for the economy. [4]

Proponents

Premises

Rejecting the premises

References

  1. https://www.atr.org/thanks-trump-median-household-income-highest-level-ever
  2. https://www.politifact.com/article/2018/dec/17/donald-trump-says-tariffs-will-make-america-rich-a/
  3. https://www.forbes.com/sites/chuckjones/2018/10/30/two-charts-show-trumps-job-gains-are-just-a-continuation-from-obamas-presidency/#3d1f378c1af3
  4. https://www.parlia.com/a/biden-will-end-trumps-unsuccessful-trade-wars#reference-1
This page was last edited on Monday, 26 Oct 2020 at 06:29 UTC

Explore related arguments