America gains economic momentum. Democratic socialists threaten to reverse it
Record household income and accelerating growth offer a stronger case than political distractions
COMMENTARY
By Scott Walker - Thursday, October 1, 2026
OPINION:
Many positive developments are happening in America.
Yes, more work remains to be done, but the policies of democratic socialists would lead to negative outcomes for most Americans.
This is what President Trump and his allies should be talking about during the next month.
Real median household income reached $87,460 in 2025, according to the U.S. Census Bureau. That was the highest since the reporting began in 1967.
In the same period, the poverty rate decreased from 10.7% to 10.2%, the lowest in the modern reporting series.
The 2026 forecast has food-at-home inflation at 2%, according to the Department of Agriculture. That is below the 20-year historical average of 2.6%.
Growth in the national economy — as measured by gross domestic product — for the third quarter is projected at 5% annualized, according to the Federal Reserve. That is up from the previously predicted annual growth of 1.5%.
These are all good signs for the economy in 2026 and beyond. That said, there is work to be done.
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READ MORE: https://www.washingtontimes.com/news/2026/oct/1/america-gains-economic-momentum-democratic-socialists-threaten/
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