African-American business ownership skyrockets 400% under Trump… no wonder black Americans are leaving the Democrat plantation
08/21/2018 / By JD Heyes
Based on the current trajectory of the U.S. economy, which has grown by leaps and bounds since POTUS Donald Trump took office and began – with the GOP-controlled Congress – ripping away the Obama regulatory state, there is no telling how much growth the United States will achieve over the next eight years (Early prediction: Trump wins a second term).
Unemployment continues to plummet across all demographics and now sits at about 3.8-3.9 percent, depending on the week.
Millions of new jobs have been created, and that includes tens of thousands of new manufacturing jobs former President Obama once said were never coming back. Companies have given raises and bonuses. Corporate money that was parked overseas during the high-tax Obama era is now returning to the U.S., where much of it is being invested in new and existing infrastructure.
Speaking of demographics, black and Hispanic unemployment levels have also been dramatically reduced, falling to historic lows in the Trump era (and no, Obama didn’t create this economy, CNN).
What’s more, the rate at which blacks are starting small businesses has increased by an astounding 400 percent– under a president who most on the Left claim is a massive racist and bigot.
According to Black Enterprise, cited by The Gateway Pundit, “African American business owners are on the rise.”
According to the Minority Trends Survey, black business ownership skyrocketed by 400 percent in a single year – from 2017 to 2018. The nation’s first black president can’t claim anything close to that kind of small-business achievement – for any demographic.
The survey interviewed more than 2,600 business owners and those who aspire to become entrepreneurs. Pollsters found that 45 percent of all small businesses in the U.S. were owned by minority ethnic groups this year, a “dramatic uptick from 2015 when the total percentage of minority business owners” was a paltry 15 percent.
African Americans make up the largest number of minority-owned businesses at 19 percent, followed by Hispanics at 14 percent, Asians at 8 percent and Native Americans at 4 percent.
The highest number of black entrepreneurs live in five states – all red, except for one – Texas, Georgia, California, Florida, and North Carolina, in that order. (Related: WHOA! Black pastor says POTUS Trump ‘is most PRO-black president’ ever!)
This is what winning looks like
As he promised he would do during his first campaign and again during his inaugural speech, POTUS Trump is implementing policies that lift all boats in every part of the country (with federal economic policies that are not summarily negated by state policies in high-tax domains like California and the country’s least-free state, Andrew Cuomo’s Democrat Party-controlled New York).
The fact that African Americans and Hispanics are finally able to get further ahead under the Trump administration appears to be paying off in political support.
As The National Sentinel reported, support for POTUS Trump among blacks has nearly tripled since his inauguration, scaling 36 percent in recent days – up from 31 percent just a few days before then.
The last Republican presidential contender to have this much black support was Sen. Bob Dole in 1996, when he ran against then-President Bill Clinton, and he only garnered 12 percent – or the highest GOP presidential candidates and presidents have gotten in the last 10 election cycles.
The site noted further, in a separate report, that the president’s approval numbers among Hispanics – the ‘immigrant’ group that is supposed to hate him the most – is 39 percent, baffling mainstream political scientists and analysts.
“My instant analysis is it’s because of the economy,” Fernand Amandi, principal at the Democrat polling firm Bendixen & Amandi International, told CNN. “I’m flabbergasted.”
It’s really not that difficult to understand. For years Americans have been told by both parties that economic factors drive support (or lack of support) for presidential administrations. Now that POTUS Trump is delivering, they seem to have forgotten that long-standing axiom.
Read more about the rising support for President Trump at Trump.news.
Sources include:
Tagged Under: African-Americans, blacks, campaign promise, economic news, economy, Hispanics, minority support, popular support, President Trump, record employment, small business owners, successful business, unemployment
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