Tuesday, November 20, 2018

Blacks, Overcoming Economic Inertia!

August 26, 2013 by  
Filed under Business, News, Opinion, Weekly Columns

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(ThyBlackMan.com) One of the truisms I have come to respect is this one: “You cannot effect change without putting some skin in the game.” Blacks are hurting as a race of people. There are the one per cent like, Oprah Winfrey, Beyonce, Jay Z, President Obama, Al Sharpton and others such as professional athletes, who are doing just great, but those at the other end of the spectrum are seriously hurting. Five years of double digit unemployment is taking its toll on the black race in this country. It has literally taken us back to our economic status of 50 years ago! The unemployment rate in 1963 for blacks was 10.9% according to the Economic Policy Institute (EPI). We are currently worst off, as the black unemployment rate today stands at 12.6%. Black people are deep in debt, with credit ratings in ruin for those affected by the economic downturn. For the most part many blacks go to work, come home, and pay bills, go to work, come home, and pay bills!

For many, there is very little money left for serious recreational activities. More over there are those blacks who are not working at all, or if they are working, it is at jobs that do not offer forty hours and no health insurance coverage. Many blacks, in these hard times, are also working at jobs where they cannot afford to be sick. These are the jobs that do not compensate workers if they have to take a day off because of sickness. Some are32-black-in-americaborrowing money” from relatives and friends whom they can’t pay back. To tell the truth, many blacks hate to see some out of work or under-employed blacks coming or get a phone call from them, because these brothers and sisters have been on hard times for such a long time. They know once the pleasantries of a phone call or visit are out of the way, the squeeze for more cash comes next. Yes, brothers and sisters, as if I’m telling you something you don’t already know, many black people are hurting!
As if the current economic situation is not bad enough, blacks are enduring an out of control federal government that is ready and willing to add to their pain and misery by making their economic situation even worst. The African American president put in office with over 90% black support, along with the Congressional Black Caucus, who is suppose to represent black interest are championing comprehensive immigration reform. This will free 11-12 million undocumented workers to compete with unemployed blacks for the limited pool of jobs in this currently depressed labor market. What responsible government leadership allows 11 million plus new workers to enter a labor pool that is already suffering from over capacity, (11 million Americans are currently unemployed) without a national job creation plan?

I will tell you who… the political leadership blacks voted into office! On average, our economy has created over the last six months 195,000 new jobs on a monthly basis. Most of these new job are in the service industry where wages are not very high and do not equal the higher paying jobs in income which were lost in the 2008 downturn. However, there are not even enough of these lower paying jobs to go around. This economy needs to create 250,000 to 300,000 jobs monthly to be called robust. Additionally, in some cities, crime is a problem. Many black children are being murdered, due to black on black crime while others are breaking into their neighbors’ houses. Why is all this going on? Black people are in this fix because for the most part blacks do not take ownership when it comes to their economic woes. Blacks have to come to the conclusion that they are either a part of this country or not. If you are black and consider yourself a part of this country, then you should take action to resolve your dilemma.

Instead of being affected by change, black people have the God given capacity to effect change. It is time for black people to stop blaming their elected leaders for not living up to the promises they make in their appeal to get votes. (Come on now, how many of you really expected those promises to materialize into something credible?… Oh, you did)! This resolves nothing, as blaming politicians, based on the statistics quoted above, has produced nothing in the way of economic mobility. After not living up to their deceitful promises, black people are still left with the highest unemployment rate of any working group and are still losing their homes to foreclosures.
What is the answer you ask? It’s the answer Martin Luther King, Malcolm X, H. Rap Brown, and Stokley Carmichael gave us 50 years ago. Frederick Douglas however puts it more succinctly in these words, “Power concedes nothing without a demand. It never did and it never will.” What does making a demand call for; it calls for black people, including you if you are black, to finally put “some skin in the game.” It requires championing a solution to black unemployment. Demands are meaningless and empty unless you stand behind them. We, if you did not notice, live in a demanding world. Even the Lord Savior Jesus Christ demands our obedience in order to go to heaven!

Therefore what makes the average black person think even for a second, he or she is going to be put in a position of some prosperity by the majority population in this country without making a demand.  After making the demand, blacks have to reach down into their pockets to put their money behind those demands if they are to be perceived as being credible. These demands, which are not uncommon to the majority population’s demands are to work, create jobs and own businesses (http://thyblackman.com/2013/08/15/40000-00-to-each-black-person-retirement-is-the-answer/). They can be transformed into government policy. Exercising power as a group gives all of us the ability to align ourselves behind ideas which propel us forward.

People who do not organize themselves behind solutions have no chance of success as currently demonstrated by the five years of double digit black unemployment soon to become six years. Join the campaign to challenge this system with a credible and doable economic solution to our economic woes. Donate to the billboard campaign (http://www.indiegogo.com/projects/491214/wdgi/4313400) to bring this solution out of obscurity. Mr. Calvin. T. Adams |||, the founder and publisher of this site did! What about you?

Staff Writer; James Davis

More information about JD and his Deficit Neutral Stimulus Plan Can be founded at http://www.sslumpsum.com.

One may also pick up this “brother” latest book which is entitled; Hey…God’s Talking To You The Study Book.




8 Responses to “Blacks, Overcoming Economic Inertia!”
  1. KeepingItReal says:

    Black people, especially black men, suffer from low self esteem and cowardice. Basic finance tells you…the greater the risk the greater the reward. But, cowardly blacks won’t risk anything for freedom, equality, education, etc. Remaining silent and cowardly results in Trayvon Martin, etc. If you’re going to fight…fight for something that makes a difference. There is black on black crime over non-sense…but when our basic human rights and steadily being taken away…we are silent. People like Al Sharpton are respected today because he spoke up for himself and others in the face of racism, tyranny, etc. when many others were silent. Most blacks shouldn’t have what he has….because we didn’t do what he did. Cowards deserve what they get.

  2. James Davis says:

    Terrance, Robert,

    Brothers please listen to what you guys are saying;

    “In my opinion, in order for us to be successful, we need to start creating opportunities for ourselves instead of waiting for someone else to do it… ”

    “THESE type of policies will make any nation poor and as you mentioned we left the border wide open and still to this day not only do they refuse to secure it….”

    Let’s start doing all the things you suggest above. Why not join Mr. Adams and our effort to bring this job creation plan out of obscurity by donating to the billboard campaign and publicly leaving your name as a testament to that donation, so that others will follow your lead. The movement for change that you have been waiting for is here now and beckoning you and the people you know to take a leap of faith and move it to the next level. Unless we start working together, keeping each other’s best interest in front of us, we will forever be mired in a pit of non-achievement and mediocrity. Peace.

  3. @ Robert

    I agree with you 100%, but the nation is too fragmented based on the lies told by both parties. My point is really to do both, hold our elected officials accountable, but I believe we need to get our act together first like the Asians you mentioned. They speak their language, know their culture, and have a strong economic foundation to stand on. We don’t, and I believe this is more important then trying to change the government without the help of alliances.

    Right now everybody is looking out for themselves, and we should do the same, until we have a strong economic foundation to stand on. This will give us the financial resources to solve our own problems and work with others to form alliances to solve the governments. Our population is almost 3 times the Asians. We are a nation within a nation, but we don’t utilize our numbers like other groups do.

    In my opinion, in order for us to be successful, we need to start creating opportunities for ourselves instead of waiting for someone else to do it, especially when these same people don’t have the countries best interest in mind, let alone ours. As a people, we are suffering needlessly because of our past history. I believe we need to help ourselves first before we can help anyone else. Didn’t mean to be so long winded.

    Black Unity means financial independence and happiness

  4. ROBERT says:

    TO TERRENCE AMEN : I have to disagree with you in one respect; I understand that we should be as economically independent as possible but the fact is most of us will always work for someone else even the ASIANS who have the highest business ownership as a group at 30% which means 70% of them work for someone else and therefore their labor or skill value is subject to the labor market like everyone else.

    WE have a government who’s policy is to devalue the labor market as much as they can; and are doing it illegally and in detriment to the citizens who elected them to take care of their interest.

    THESE same politicians also took a oath to protect our interest and not the interest of MEXICO; and we they are in violation of their oath we must hold them accountable.
    NO people or nation can progress with corrupt leadership who has been caught time after time working against the interest of the people.

  5. I agree that Black people need to get more involved in the solutions to our problems, but neither the government nor illegal immigration is the problem. As I’ve said many times before, we are the problem and until we stop spending a trillion dollars in every community but our own, we’ll continue to suffer by our own hands, which is very sad.

    Black Unity means financial independence and happiness

  6. ROBERT says:

    HERE is a article from the [DAILY PAUL] dated 8/20/13


    INSTEAD of making sure that U.S employers are not hiring illegal immigrants the OBAMA administration has actually signed a secret deal with MEXICO to protect “the rights” of illegal immigrants in the workplace.

    ACCORDING to this “memorandum of understanding” the EEOC will spend U.S taxpayer dollars to educate illegal immigrants about their civil rights; workplace safety and minimum wage laws.
    THIS is yet another example of how OBAMA is openly flouting the law and doing all it can to promote even more illegal immigration.

  7. ROBERT says:

    @JAMES I think we have to keep things in perspective at the time NAFTA was passed ROSS PEROT warned us we would hear a giant sucking sound of jobs leaving the country and latter we passed GATT and CAFTA all of which took millions of well paying jobs out of the country and made it easier to move manufacturing abroad.
    THESE type of policies will make any nation poor and as you mentioned we left the border wide open and still to this day not only do they refuse to secure it but are actually encouraging the illegal immigrants to migrate.
    WE have to understand that the nation is being ruled by bankers and their bottom line is profits; and until we get rid of this government we will end up just as poor as MEXICO.

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