Reports showing how much the black community in America has benefited from President Trump’s economy are not given much airtime by the mainstream media.
The number of businesses owned by black Americans increased by an incredible 400% from 2017 to 2018 — Trump’s first year in office. In 2015, 15% of small business in America were owned by minority business owners. Now, it’s 45%.
Democrats were pretty quiet, too, when black unemployment hit the lowest number on record in May. Those new jobs might explain, partly, why Trump’s approval rating just about doubled in August over the same month last year among black people.
And it’s not just the black community. The Hill actually ran a piece reporting that Hispanic people in America are “flourishing in Trump economy.” That and Trump’s very favorable reception at a Hispanic Heritage Month Celebration on Monday is hinting that perhaps the president and the Hispanic community are not as at odds with each other as Hillary Clinton claims.
Hillary, who recently published a new afterword for her “What Happened” book, insisted that “It’s hard to ignore the racial subtext of virtually everything Trump says. Often, it’s not even subtext.”
On the issue of Puerto Rico, she said, “I don’t know whether Trump ignores the suffering of Puerto Ricans because he doesn’t know that they’re American citizens, because he assumes people with brown skin and Latino last names probably aren’t Trump fans, or because he just doesn’t have the capacity for empathy.”
An opinion contributor for The Hill painted a very different picture on Tuesday.
Alfredo Ortiz, president and CEO of the Job Creators Network, started out with a powerful statement, writing, “President Trump's economy is the rising tide that is lifting all boats. This is especially true for Hispanics, who were among the biggest victims of the low-growth, high-regulation economy under President Obama.”
Ortiz pointed out that the “median income for Hispanic households grew by 3.7 percent, adjusted for inflation, last year. That’s more than double the increase seen by all households.”
He added that Obama, instead, hit the Hispanic community — and everyone else — with one job-killing policy after another. But under Trump, job growth has been huge among Hispanic people, keeping unemployment at a record low for the fifth month in a row.
Ortiz believes the faster-than-usual income growth in the Hispanic community is happening, in a large part, because Trump’s business-friendly policies and lower taxes are positively affecting a population group that starts a higher-than-average number of small businesses. Those businesses, in turn, hire a lot of Hispanic employees.
That’s probably why Trump’s job approval jumped 10 percent among Hispanic voters in one month back in May, according to The Hill.