"Something Is Going Right"

[Zam-Zam]

Robert Johnson states the obvious:

BET founder Robert Johnson told CNBC Friday that he believes the Trump economy has helped the African American community. Johnson, who was America’s first black billionaire, appeared on “Squawk Box” to discuss the direction of the economy following the most recent jobs report.

In spite of a slightly lower-than-expected number (103,000 new jobs vs the expected 193,000), Johnson was optimistic, citing a January report that touted the lowest unemployment rate ever recorded for African Americans. “When you look at that [January report], you have to say something is going right. You have to take encouragement from what’s happening in the labor force and the job market,” Johnson said. “When you look at African-American unemployment, … you’ve never had African-American unemployment this low and the spread between African-Americans and whites narrowing.”

Complete text: http://dailycaller.com/2018/04/06/bet-founder-trump-economy-something-going-right/


Doom-and-Gloomers will seek and find the dark cloud accompanying the silver lining, but for those of us who enjoy life, this is something to smile about.

 

[marvin martian]

Robert Johnson states the obvious:

BET founder Robert Johnson told CNBC Friday that he believes the Trump economy has helped the African American community. Johnson, who was America’s first black billionaire, appeared on “Squawk Box” to discuss the direction of the economy following the most recent jobs report.

In spite of a slightly lower-than-expected number (103,000 new jobs vs the expected 193,000), Johnson was optimistic, citing a January report that touted the lowest unemployment rate ever recorded for African Americans. “When you look at that [January report], you have to say something is going right. You have to take encouragement from what’s happening in the labor force and the job market,” Johnson said. “When you look at African-American unemployment, … you’ve never had African-American unemployment this low and the spread between African-Americans and whites narrowing.”

Complete text: http://dailycaller.com/2018/04/06/bet-founder-trump-economy-something-going-right/


Doom-and-Gloomers will seek and find the dark cloud accompanying the silver lining, but for those of us who enjoy life, this is something to smile about.

Speaking of doom and gloom, the reaction of the members of the Congressional Black Caucus at the SOTU to Trump's remarks illustrating the prosperity you discuss above was very telling. For them, it's really all about party uber alles. No regard for the well-being of their constituents. None at all.

 

[Arkady]

Doom-and-Gloomers will seek and find the dark cloud accompanying the silver lining, but for those of us who enjoy life, this is something to smile about.

Yes, that's long been the pattern. In the Obama years, for example, with pretty much every measurable economic indicator taking a turn for the better, and with the economy setting a record (by a large margin) for the longest uninterrupted run of job creation in American history, a lot of doom-and-gloomers worked hard to find a cloud to go with that silver lining. But it was good news, and fortunately most of the good news has continued even after Obama left office. For example, the unemployment rate for blacks, which tumbled 4.9 points on Obama's watch, is down an additional fraction of a point since Trump took office. That's nice to see. Hopefully we can keep that run going, rather than falling into recession as we did twice under Bush, or once each under his father, Reagan, Ford, and Nixon, or three times under Eisenhower, or once under Hoover, etc.