Hispanic Americans are Thriving Under Trump’s Presidency
There is no question that the Hispanic community is thriving under Donald Trump’s presidency and could very well lead him to a second-term presidential victory.
Since President Trump took office, Hispanic American unemployment and poverty rates have hit record lows. The president’s commitment to Hispanic Americans is evident from the results.
Hispanics Americans are thriving as the unemployment rate drops to the lowest ever recorded in history. The Hispanic American unemployment rate has fallen to a record low of 3.9 percent under Trump’s presidency. The Hispanic unemployment rate has fallen below 5 percent twenty-two times in US history.
The reason that Hispanics are thriving in today’s economy could be credited to Trump signing￼ the pro-growth Tax Cuts and Jobs Act, which has put more money in the pockets of American workers and has given business owners more money to invest on their employees. Hispanic Americans are prospering in the country and achieving the American dream at a higher rate than ever before.
In 2018, the percentage of Hispanic households with an income of over $200,000 reached a record high. The median income for Hispanic households has also reached a historic high under President Trump, surpassing $50,000 for the first time on record.
In 2018, the poverty rate for Hispanic Americans reached a historic low. The gap between the poverty rate for Hispanic Americans and the overall poverty rate in the United States is the smallest it has ever been. The poverty rate fell by 0.8 percentage points for Hispanic Americans. Under Obama’s presidency, Hispanics had the highest poverty rate of the nation’s largest racial and ethnic groups under an alternative Census Bureau calculation known as the Supplemental Poverty Measure.
It can no longer be denied that some of the biggest beneficiaries of today’s booming economy are Hispanic Americans. Hispanic American voters will be the most extensive voting minority base in the 2020 presidential election, surpassing black American voters for the first time in United States history. With the booming economy and overall success in the Hispanic community, the Hispanic vote might lead Trump to his second term in office.
America the Great, it is about what it means to be an American.