Biden: Highest unemployment rate for African Americans EVER!

Jarod

Jarod

Well-known member
Contributor
Biden is the best, he has achieved something no other president has ever done.
 
This would not be something to be proud of... my bet is you wanted to say lowest unemployment rate or highest employment rate... and it also isn't true.

African American unemployment may have reached a pandemic low (now that the pandemic is endemic instead), but Trump (or as you, Jarod, call him, "Trurd") had the lowest unemployment rate for African Americans before the pandemic hit... 5.4% to today's 6.2%. This is, of course, still not very accurate either as it still doesn't count the folks that dropped out of the jobs market and have never re-entered.
 
We did this under Nixon too, pressuring companies to hire blacks even if they are not qualified in order to hopefully depower the riots.
 
"What we got during COVID was not an inept response, it was the inverse of a good response, and you cant get there through incompetence. Had they simply failed that would be one thing, but what they gave us was a recipe for disaster. To the extent that they were willing to do that for whatever reason, and allow the harm to flow from it that did, I have to think of them in that way (as the enemy)."

 
Jarod said:
Biden is the best, he has achieved something no other president has ever done.
Click to expand...

You speak like a idiotic fool and what about poor whites and other ethnic groups in America? Anyway, with President Biden, Americans of color of 2022 have over a $1 trillion spending power which translates into jobs, goods and services and professional and healthcare providers too. My suggestion is stop bitching and complaining and get up off one's ass, get a education and get a job to earn wealth, pay taxes and retire:

Real Estate Key to Closing Wealth Gap Even as Black Spending Power Hit $1.6 Trillion

Black spending power reached a record $1.6 Trillion in a 2021 report from the University of Georgia Selig Center for Economic Growth. Ayesha Selden, certified financial planner, breaks down why real estate is the key to closing the racial wealth gap and how Black Americans are using social media to improve financial literacy. "If we look at home ownership as being a primary driver of wealth, when you look at the equity that Americans have in their homes, that equity can be used to buy additional assets like other rental properties. That equity can be used to educate our children," Selden said, noting that lower rates of home ownership meant Black Americans tend to incur more debt on average for their student loans."
https://cheddar.com/media/real-esta...even-as-black-spending-power-hit-1-6-trillion

Additionally, at the current unemployment rate being 3.6%, means Americans of color are working too which currently translates into full employment in the U.S.:

Source: Bureau of Labor Statistics
https://www.bls.gov/news.release/pdf/empsit.pdf
 
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