Black Republican candidates (including Herman Cain and Alan Keyes) have been getting alot of attention lately, which begs the question.
I just left the barber shop, almost after being tarred and feathered for some political comments I offered up. In my part of the country, the powers that be have done a magnificent job of keeping my people in a state of mental retardation bondage, so much so that just offering up some relevant truths can land you runaway slave type hot water. Here is the question that started the verbal fist fit that w still going on when I quietly backed out the door: Who is better for Blacks, Democrats or Republicans?
Who is best for the Black economy?
Assuming we got another round of Democrats like Clinton, this one is hard to call. Looking back at Clinton’s economic effect, I found the following:
- Unemployment for African Americans fell from 14.2 percent in 1992 to 7.3 percent in October 2000, the lowest rate on record. Unemployment for Hispanics fell from 11.8 percent in October 1992 to 5.0 percent in October 2000, also the lowest rate on record.
- The child poverty rate declined more than 25 percent, the poverty rate for single mothers fell to its lowest rates ever, the African American and elderly poverty rates dropped to their lowest level on record, and the Hispanic poverty rate dropped to its lowest level since 1979.
- Over 32 percent of 25- to 29-year-old high school graduates had earned at least a bachelor’s degree in 1999, up from 27 percent in 1990. In particular, white and African American women have seen their college opportunities grow.
Read Full Article