Minorities taking notice

Tuesday, October 8, 2019
 | 
Chad Groening (OneNewsNow.com)

"We are hiring" signA conservative black activist says President Donald Trump's economic policies are doing more for minority communities than just bringing about record-low unemployment rates.

The Bureau of Labor statistics recently reported that the September 2019 unemployment rate reached a 50-year low of 3.5 percent. The unemployment rate for Latinos fell to 3.9 percent -- the lowest on record dating back to 1973. Black unemployment stood at 5.5 percent in September.

Marie Fischer, a member of the Project 21 Black Leadership Network, says Trump's economic policies are helping minority entrepreneurs.

"I know people push unemployment, but the biggest issue for me is there are more black businesses and more Hispanic businesses that are being started up,” Fischer tells OneNewsNow. "To me that means a lot more because that means they're able to create wealth."

And she believes more blacks are taking notice.

Fischer

"You're seeing more black business owners saying … 'Why are we still voting Democrat? Look how much things have changed under Trump,'" Fischer relays.

She points out that there was no growth in this area during Obama's eight years in office. "Businesses were hurting. Small businesses were shutting down left and right," she recalls.

But Fischer says Trump's new opportunity zones are going to help even more.

"It will incentivize a lot of banks to go into these areas that have been ignored or wiped out from a lot of the Obama regulations," the Project 21 spokesperson concludes.

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