NAACP President: Blacks Worse Off Under Obama
Blacks have always been worse off under Democrats. So much of liberal legislative action to help blacks ends up hurting them and moving them backwards economically. There’s no doubt that many blacks survive the attempt to make them wards of the State.
The black family has been nearly destroyed by Democrat initiatives. There was a time in our history when the divorce and unwed mother rates were no different between blacks and whites.
Even Affirmative Action policies can be a problem. A black student applies to a college that ordinarily would not accept him or her because of specific entry standards. But because of certain government requirements to insure black educational participation, less qualified students get in and then flunk out because they really weren’t academically qualified.
One would think that with nearly 95 percent of blacks voting for Obama, they would be doing so based on a better economic outcome. But it’s not the case. The Washington Times reports:
“The black unemployment rate was 12.7 percent when Mr. Obama took office. While the unemployment rate in the U.S. as a whole is below 8 percent, the Labor Department reported the black jobless rate was up from 12.9 percent to 14 percent for December.
“The worst during Mr. Obama’s first term was in September 2011, with 16.7 percent unemployment for blacks — the highest since 1983, the Department of Labor reports. The black teen jobless rate hit a staggering 39.3 percent in July 2012.”
I’m sure Obama and Co. will blame the Republicans and conservative economic policies for black unemployment rates, and blacks will too. White House press secretary Jay Carney said as much: “Our economy is facing a major headwind, and that’s Republicans in Congress.”
The Democrats believe that higher taxes and printing more money will solve our economic problems, and conservative Republicans see these two actions as a long-term end to American prosperity.
Government welfare makes it difficult for people to leave the security of government programs that guarantee them an income. But what happens when the people with money stop working or leave high-tax states (usually controlled by Democrats)? The black unemployment rate goes up.
Look what’s happening in California and New York. The richest people are leaving. Tax revenues are down in California after the passage of a massive tax increase. Florida is becoming a haven for hard working entrepreneurs. Lebron James went with the Miami Heat over the New York Kicks because of New York taxes. It saved him $1.7 million in his basketball salary and probably $4 million in endorsement money each year.
Keep in mind that income taxes are collected on earned income. These aren’t people who have already made their money; these are people who are trying to earn a living. The rich earners hire people, start businesses, and buy stuff. Taxing them impacts the entire economy. Government spending of other people’s money does not have the same effect as 250 million people making economic decisions every day.
When 51 percent of the people in the United States don’t pay income taxes and tens of millions rely on government wealth transfer payments, it’s no wonder that money looks for a safer haven. It’s being assaulted. If such assaults continue, the engine that is keeping the US economy moving will no longer have the fuel to move.
When will blacks wake up to this fact? Why do they continue to elect the people who are keeping them in poverty?