Interesting....The first thing you tried to do was attack the article, instead of addressing the quote from it...Then, in a deflection move, you shifted to Black entrepreneurship rather than address the comment made which was about black unemployment. Studies have shown, and experts agree that when jobs in the community are simply not available, then some rise in self employment is expected, however, though you look for the silver lining, the fact is that Obama is a dismal failure in the black community as far as creating jobs is concerned.
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The African-American unemployment rate stands at an outrageous 16.2 percent—not a number the Obama White House wants under the mantle of the nation’s first black president.
While CBS News reports that the national black unemployment rate is usually higher than the overall unemployment rate, these figures stand at Depression-era levels. Worse?
Black teenagers have a devastating unemployment level of 41 percent.
Burdensome business regulations, restrictive minimum wage laws, and a severe lack of certainty in the private sector hurt low-skilled workers’ job prospects the most. If things continue going the way of failed Keynesian policy, the outlook is grim."
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It’s been clear for some time that trillion-dollar spending sprees and dangerous borrowing policies are a myth of the hope that proved unfounded after the 2008 election. It’s past time for President Obama to admit economic defeat and start putting job growth before job-killing ideology. High unemployment rates lead to a deeply flailing economy and more government spending for unemployment benefits and welfare. It’s a vicious that cycle that must end to get Americans back to work."
African-American Unemployment Rises Under Obama - The Foundry: Conservative Policy News Blog from The Heritage Foundation
Yet as you tout black self employment which is a small percentage, the rise in over all welfare programs is staggering....Further, in the black community it is disproportional to other ethnic categories...
"The federal Supplemental Nutrition Assistance Program, or SNAP (still referred to as the “food stamp program” despite the fact that it covers more than food stamps) has swelled to
nearly 45 million participants, at a cost of $75 billion. Republican presidential candidates have focused on the food stamp program during the 2012 GOP primary season as evidence of President Obama’s development of a welfare state at the expense of job creation.
According to 2010 U.S. Census data, blacks comprise only 12% of the U.S. population, yet make up 26% of SNAP recipients."
Another Way to Look at Food Stamps? | Carolyn Edgar
While both you and I can, and will applaud those Blacks that have managed to find a niche in the marketplace today and start a business, that is a cop out when the totality of the problem in the African American community is addressed. Obama has failed at that.
