Donald Trump Saving Blacks and Latinos and Democrats HATE HIM for it
Donald Trump waved his magic wand again. Now, he’s created record unemployment rates for minorities all across America.
Recently the new jobs growth report was posted by the Bureau of Labor Statistics stating that 228,000 jobs were created in November.
In addition, Trump’s economy set another record. The jobless rate for Hispanics dropped to 4.7 percent–the lowest in the history of the United States:
“Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today.
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The unemployment rate held at 4.1 percent in November, and the number of unemployed persons was essentially unchanged at 6.6 million.
The jobless rates for adult men (3.7 percent), adult women (3.7 percent), Whites (3.6 percent), Blacks (7.3 percent), Asians (3.0 percent), and Hispanics (4.7 percent) showed little change.”
What a crappy racist Trump turns out to be!
Perhaps the media doesn’t want to speak ill of President Trump, given that he’s actually helping minorities. Can’t let the word out about that, as white people might get mad.
America’s economy is booming, and it’s because of President Trump. But that doesn’t stop America’s Affirmative Action president from looking for presidential reparations.
In a speech recently about global climate change, Obama chose to take credit for President Trump’s booming economy.
“As we took these actions, we saw the U.S. economy grow consistently. We saw the longest streak of job creation in American history by far — a streak that still continues, by the way.”
Let’s see who has the longest streak of job creation after Trump is done trouncing Obama’s puny economic gains.
In a speech during the presidential campaign of 2016, Obama explained that jobs weren’t staying in America. Nor were they coming back. He then declared that anybody saying anything different is a lying and snake oil salesman.
I’m sure many Americans find it ironic that the man who said Trump would need a magic wand to save Carrier and America now wants to take credit for Trump saving Carrier.
Needless to say, Obama is just clueless as to how the economy works. Obama watches Trump work “magic”, with the fascination of a child. Only Trump’s performance is not magic at all. His “magic” comes from years of experience as an entrepreneur.
Major companies including Carrier, Ford, Softbank, US Steel, and now Alibaba pledged to return more than a million jobs to America after Trump won the election. No such commitments were made under Obama, and for good reason.
To believe Obama ushered in the boom America experiences requires one to believe in the Yeti or Sasquatch. The Narcissist in Chief waited until he was out of office to unleash the economic kraken?
And what of this factoid: during his 8 long years as president, Obama presided over the LOWEST economic growth in decades.
In 2008, 53 percent of all Americans considered themselves to be “middle class”. But by 2014, only 44 percent of all Americans still considered themselves to be “middle class”.
We had the lowest homeownership in America for seven years in a row under Obama.
62 percent of all Americans were living paycheck to paycheck under Obama.
The U.S national debt approximately double during the eight years of the Obama administration. In other words, under Barack Obama the U.S. government accumulated about as much debt as it did under all of the other presidents in U.S. history combined.
The poverty rate in the United States has been at 15 percent or above for 3 consecutive years. This is the first time that has happened since 1965.
From 2009 through 2013, the U.S. government spent a whopping 3.7 trillion dollars on welfare programs.
While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 46 million.”
And perhaps the group of people who suffered the most were the minority communities, whom Obama vowed to help.
According to The National Review, the first black president is responsible for a decrease in black American labor force participation by 2.4%, a decrease in black teenage labor force participation by 2.7%.
Next, Obama’s policies increased poverty among black Americans by 1.6%, and brought a decrease in the median income for black households by 1.5%.
Now however, under president Trumps these numbers are dramatically changing including the black unemployment and Hispanic unemployment rates.
According to The Daily Caller,
“BLS stats show that from July of 2016 to July of 2017, the unemployment rate for black Americans has dropped one full percentage point. Last year, the rate was 8.4 percent. It fell to 7.4 percent.
Most of the gains came under the Trump administration. The rate has dropped from 8.0 percent this March to the 7.4 percent level now. That’s the lowest rate among blacks since December of 2000 — some 17 years ago. And it’s a lot lower than the 16.8 percent black unemployment rate Barack Obama saw at its worst level, back in March of 2010.”
Yet the left keeps insisting Trump is bad for blacks and minorities.
Trump’s “magic wand” in creating jobs benefits EVERY American.