142,000 Jobs Created in August – It is not Enough!

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(ThyBlackMan.com) Black people in this country are in dire straits due to these low job creation numbers and almost seven years of double-digit unemployment. This economy needs to create 250,000 to 300,000 jobs monthly to handle the current demand for employment and provide jobs for new entrants into the labor force. Blacks are a resilient people. However, these numbers coming out of Washington, D.C. are daunting even for them. Revisions to the June and July job creation numbers lowered the monthly average to 207,000 jobs created over the last three months. Prior to this August number, the last twelve months averaged 212,000 jobs created a month.

When you look at black governmental leadership there is very little hope there are any plans in the works to turn this situation around. As a matter of some concern, black leaders are promoting policies that will make what is already a bad situation even direr. It is black governmental leaders who are out front aggressively promoting comprehensive immigration reform. President Obama, Reverend Al Sharpton and the Congressional Black Caucus, if they have their way will unleash over 11 million undocumented immigrants upon the American labor market! With black people having the highest unemployment rates of any worker groups, it is obvious they will be affected negatively by new workers entering the labor force.

Is there anyone and I mean anyone out there; who thinks these newly minted citizens are going to stay down on the farm once they have been given the legal right to compete within the American job market with impunity? The Congressional Budget Office projects lower wages will result initially as an estimated 11 million immigrants compromise the wages of American workers as they seek employment in this anemic job market. What responsible government leadership allows 11 million plus new workers to enter a labor pool that is already suffering from over capacity (9.6 million Americans are counted as unemployed for August according to the Bureau of Labor Statistics (BLS)?

There is also very little or no hope for black people when it comes to non-governmental leadership. Recently at the funeral of Michael Brown in Ferguson, Missouri, the Reverend Al Sharpton recognized by many blacks as the preeminent spokesman of the black community in his eulogy to Brown talked about many things but nary a word about long term black unemployment. He spoke about the need to create new legislation regarding neighborhood policing because of Brown’s death. The circumstances under which he was killed were suspicious.

Mr. Sharpton, in his eulogy to Brown, blamed blacks in part for their current condition because blacks he said are pity partying while they should be organizing and strategizing (His words not mine). There was no indication from him as to what blacks should be organizing around or what the focus of their strategizing should be. In essence, Mr. Sharpton, with the usual black leaders present on the front row and in the audience of mourners did not present any plan that would lead to ending the current “depression” in the black community when it comes to jobs. The man who has the ear of President Obama did not have any words of encouragement or a strategy for those who have been out of work for the last several months and indeed the last several years.

There are many of us who understand these are perilous times for African Americans and then there are those who do not have a clue. I have for the last three years presented and promoted the Davis Deficit Neutral Job Creation Plan. The book, “The Fix This Time” (http://www.amazon.com/dp/B00MI3PD2M) outlines the job creation plan and how this downturn can be ended. Moreover, it sets up for the African American community the move to the next logical level which is economic empowerment. Of course, it will take some work to get a plan of this magnitude instituted, as nothing worth while usually happens without some effort. The plan does two significantly important things;

1) It puts money in black hands independent of oversight;

and

2) It creates jobs.

It is discouraging to see these disappointing job creation numbers six years after the end of the 2008 Great Recession (https://thyblackman.com/2014/06/15/job-creation-lagging-as-predictedunemployment-a-hardship/). Nevertheless, if these less than par job creation numbers become a trend, you can assume double-digit unemployment will become “the new normal for African Americans.” It will be a new and difficult struggle. Because when you have excess labor or “slack in the labor market,” it cheapens everything associated with labor and employment. You have more workers than there are jobs. It means, degrees, experience, expertise and increased wages are being held hostage, as employers use the knowledge and unspoken threat of as many as 3-5 people are qualified and lined up with similar experience to take your job, if you should not measure up or misstep.

The thought came to me, there must have been times when leaders of the 1960’s and 1970’s got discouraged? It was an important period in black history as many major legislative victories and accomplishments were achieved. How did Dr. Martin Luther King bounce back during discouraging times? I thought it might be interesting to read his words during his period of discouragement. There maybe some of us on the battlefield who are thinking about giving up, or some who have been unemployed to long and stopped looking for work. Perhaps we can take some solace in his words. This is from his sermon of August 27, 1967 titled, “A Knock at Midnight.”

“(“Sometimes (Yeah) I feel discouraged.” (Yes) And I don’t mind telling you this morning that sometimes I feel discouraged. (All right) I felt discouraged in Chicago. As I move through Mississippi and Georgia and Alabama, I feel discouraged. (Yes, sir) Living every day under the threat of death, I feel discouraged sometimes. Living every day under extensive criticisms, even from Negroes, I feel discouraged sometimes. [applause] Yes, sometimes I feel discouraged and feel my work’s in vain. But then the Holy Spirit (Yes) revives my soul again. “There is a balm in Gilead to make the wounded whole. There is a balm in Gilead to heal the sin-sick soul.” God bless you.”

The BLS reported the national unemployment rate dropped from 6.2 percent to 6.1 percent during August; the rate for black women rose from 10.1 percent to 10.6 percent. The rate for black men dropped from 11.1 percent to 10.8 percent. Black teenagers aged 16 to 19 years old saw their rate also decrease from 34.9 percent to 32.8 percent. The overall rate of unemployment for African Americans as a working group was unchanged at 11.4 percent. It is accepted by those who follow the unemployment numbers that these numbers could be off and higher by as much as 2 to 5 percent or more.

If African Americans say they are serious about creating black businesses; which will blunt these high unemployment numbers, isn’t it time to get serious about the solution?!

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.

James Davis says:

September 22, 2014 at 12:18 pm

Brother Amen, We Should All Be Angry Enough To Do Something!

You have got to truly understand where I am coming from with this plan. I do not as a tendency waste my time and money on ideas that do not work and cannot be completed. Sure this is going to require Congressional action! However I believe what Dr. Martin Luther King said on the steps of the State Capitol in Montgomery, Alabama in 1965 after the march from Selma, Alabama, “”How long? Not long, because the arc of the moral universe is long, but it bends toward justice.” And it is justice that I seek! You see, brother a great injustice has been committed by past Republican administrations over the last 30 years. They have mismanaged over $3 trillion dollars of hard earned money of working class citizens. “It really amounts to the greatest theft in the history of the world.” You, me, our white and other black brothers and sisters had deducted from and continue to have deducted from our payroll checks a tax that should have been put away for us until we reached retirement age – it is the payroll tax we paid and continue to pay into the Social Security trust fund. They stole it brother! They stole the whole $3 trillion dollars! And gave it to their wealthy friends in tax cuts and in other ways, who by the way did not contribute a single penny to the this trust fund because the cut off for Social Security contributions is approximately $116,000 in annual income. You see brother, if you embrace the plan, “the great theft” is automatically revealed. I have every confidence once the theft is revealed, honest Americans will demand the money be paid back and that is how it will pass in Congress! And I do not think a single American at that point will object to my request of giving me and you some of our money up front, say $40,000.00 dollars at the time of retirement as the money is paid back.

“The Fix This Time,” http://www.amazon.com/dp/B00MI3PD2M the book I authored, details among other things how successive Republican administrations starting with President Reagan first increased the payroll taxes American workers paid for the Social Security Benefits Program and when these increased taxes were received, his administration diverted the money. The end result of doing this through his and other Republican administrations drained the Social Security trust fund of over $3 trillion dollars over thirty years leaving this venerable American program in peril. There is clear documented proof this occurred, because in their insulting arrogance they did not hide it. It is an open secret and the evidence of this callous act is part of the Congressional Record of United States, which the book taps.

It is the classic rich versus poor or in this instance, middle class drama, where the well-to-do shamelessly takes money paid by poor and middle class working people for one purpose and ultimately use it to lower their taxes. It was not their money!

Buy the book and ask others to buy it! The more people come to know what happened, the faster we end our misery!

Terrance Amen says:

September 22, 2014 at 7:28 am

Brother Davis

Your plan sounds great, and may even work. The problem is how are you going to get the government to go for it? They don’t even listen to what the voters want now. But I have the solution and a plan, lookout for it.

Black Unity means financial independence and happiness