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President Donald Trump is exaggerating his role in

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Post# of 127164
(Total Views: 178)
Posted On: 09/13/2019 12:03:20 AM
Posted By: Bhawks
Re: dbergh #25897
Quote:
President Donald Trump is exaggerating his role in bringing economic gains to black Americans.

Hey, dbergh, take your misinformation and stuff it. Know what a trend is? Probably not, because you don't know what 'rate' means either.

Just another case of Trump, and his benighted follower's waking up on 3rd base and thinking they'd hit a triple.

The trend is your friend, right until it no longer is.

Lastly, Trump is an ignorant bigot who doesn't give a shit about blacks or any other minorities. That's why righty assholes love him.

So does the KKK, they said so. What do they know that you don't?


Brushing off criticism that his tweets against nonwhite lawmakers are racist, Mr. Trump asserts that he's done plenty to improve the fortunes of African Americans as seen by their low unemployment rate, while Democrats have done nothing. That's not the case.

Mr. Trump also tweeted on Sunday that he unemployment for African Americans "is the lowest (best) in the history of the United States. No President has come close to doing this before!"

But that's an exaggeration, given that the most dramatic drop in black unemployment came under President Barack Obama, when it fell from a recession high of 16.8 percent in March 2010 to 7.8 percent in January 2017.

https://www.cbsnews.com/news/trump-black-unem...act-check/

Despite gains in the job market, black workers are falling behind in wages, recent economic research has found. For instance, before the Great Recession, black college grads earned the same as their white counterparts, but in 2018, they earned 17 percent less. The Federal Reserve Bank of San Francisco has called the persistent wage gap between white and black workers "troubling."

A look at the claims

Trump: "The facts speak far louder than words! The Democrats always play the Race Card, when in fact they have done so little for our Nation's great African American people. Now, lowest unemployment in U.S. history, and only getting better." — tweet Sunday.

THE FACTS: Mr. Trump is seeking credit he doesn't deserve for black job growth. He's also wrong to assert that Democrats haven't done anything to improve the economic situation for African Americans.

It's true that black unemployment did reach a record low during the Trump administration: 5.9 percent in May 2018. It currently stands at 6 percent.

But many economists view the continued economic growth since the middle of 2009, when Democratic President Barack Obama was in office, as the primary explanation for hiring.

More important, there are multiple signs that the racial wealth gap is now worsening and the administration appears to have done little, if anything, to specifically address this challenge.

African Americans also had higher income prior to the Trump administration. A black household earned median income of $40,258 in 2017, the latest data available. That's below a 2000 peak of $42,348, according to the Census Bureau.

The most dramatic drop in black unemployment came under Obama, when it fell from a recession high of 16.8 percent in March 2010 to 7.8 percent in January 2017.


In other words, you're simply and completely full of shit....again.





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