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Old 01-14-2021, 04:59 PM   #4
Got Stripers
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Join Date: Oct 2000
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Quote:
Originally Posted by PaulS View Post
TRUMP, on the economy before the pandemic: “We had the best numbers for African Americans on employment and unemployment in history ... best everything.” — Fox News interview Wednesday


THE FACTS: True on unemployment. Not true by a long shot on “everything” in the economy.


Black unemployment reached a record low during the Trump administration, 5.4% in August, as the longest economic expansion in history pressed ahead.


Most of the progress came when Barack Obama was president: Black unemployment dropped from a recession high of 16.8% in March 2010 to 7.8% in January 2017. Improvement continued under Trump until the pandemic. Black unemployment reached 16.8% in May, compared with 13.3% for the overall population.


Not all economic measures improved for African Americans under Trump before the pandemic. A black household earned median income of $41,361 in 2018, the latest data available. That’s below a 2000 peak of $43,380, according to the Census Bureau.


More broadly, there were multiple signs before the pandemic that the racial wealth gap had been worsening.
What! Wait how can that be, Jim keeps telling us Trump is the best thing for blacks since Lincoln?

I love Don Jr. getting sh*t on Twitter for his 2026 tweet saying Dear Clinton’s you know what’s deplorable, getting impeached. Twice the fun back at you!
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