STEPHEN MOORE: Will Blacks And Hispanics Vote Their Pocketbooks? Trump Should Hope So

In the one debate between former President Donald Trump and Vice President Kamala Harris, the vice president attacked Trump for having a racist record, citing his statements in response to the protests in Charlottesville, Virginia back in 2017.

My intention here is not to defend Trump on some of the things he says about race — which can be interpreted by some as offensive.

I am here to look at whether Trump administration or the Biden-Harris administration has a better record — not better rhetoric — in advancing the economic opportunities and advancement of blacks and minorities.

In my recently published book — “The Trump Economic Miracle” co-authored with Arthur Laffer — we point out the many achievements in Trump’s first term, from Right to Try legislation for chronically sick Americans who want to try new potentially life-saving treatments, to achieving energy independence, to the economic boom to advancing peace around the world.

But arguably his most impressive accomplishment was in lifting the living standards of minority Americans.

Under former President Barack Obama and current President Joe Biden, minorities made almost no progress and, in several ways, fell behind. Under Donald Trump the financial and economic improvement was remarkable. The chart below shows the most recent Census data on median income. Blacks saw almost twice the gains under Trump while Asians and Hispanics saw five times the income gains.

When we look at weekly earnings for families’ blacks and Hispanics have seen declines in income versus roughly a $5,000 average gain under Trump.