Trump made some eyebrow-raising statements about the US economy in his big speech at Davos — here are the facts behind five bold claims
Trump extolled a newly confident America with a series of bold statements about the country's economic performance throughout his presidency in his big speech at the World Economic Forum in Davos, Switzerland, on Tuesday.Here are the facts related to five of Trump's boldest claims.
Claim:"For the first time in decades, we're no longer concentrating wealth in the hands of a few," Trump said.The Census Bureau said in 2019 thatbetween the richest and poorest households in the US widened, as reported by Business Insider's Hillary Hoffower.Experts say inequality in the US stems from a range of factors that include stagnant wages for the middle class and tax policies favoring the richest households and corporations.
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