Trump’s Fake News
Here’s the thing. People often cite that their vote doesn’t matter, because the Electoral College is what is used to ultimately decide the Presidency (which they’re right, but your vote directly influences the electoral college). I’ll get into why you should be voting in another post, but here’s why you shouldn’t be believing the current President.
With the election (supposedly) coming up this November, we need all the participation we can get, because we can’t have another four years of this shit here:
Who said something like this:
We gotta get him out of office. Period.
And it doesn’t have to do with him being a Republican, and not a Democrat. What he has done is effectively normalize veiled racism under double speak, and coined anything he doesn’t like, any negative reports of him or his administration (which has been turned over more than ANY other administration in history, mind you) as fake news, as he himself has spread fake news about a myriad of topics, including his most spread hoax to date: Black Unemployment.
Trump’s Claim: “The facts speak far louder than words! The Democrats always play the Race Card, when in fact they have done so little for our Nation’s great African American people. Now, lowest unemployment in U.S. history, and only getting better.” - Donald Trump.
The Truth: While it is true that unemployment for black people had fallen to record lows (5.9 Percent, and has hovered around 6 percent), the truth is unemployment has been falling since the Obama Administration, with the largest decrease coming between 2010 and 2017, when it fell from a recession high of 16.8 percent in March 2010 to 7.8 percent in January 2017. In other words, the record lows that were achieved were not a direct result of anything that Trump did.
Meanwhile, as far as white workers are concerned, the unemployment rate for men in that group shrank from 3.0 percent to 2.8 percent along with women from 2.9 percent to 2.8 percent. For anyone who don’t understand what that means, those unemployment numbers are nearly half of what they were for Black workers (5.9 percent) in December and well under the national average (3.7 percent).
Not only that, but the wealth gap is widening between black and white people, mainly because there is still rampant racial inequality at all levels of government, and especially in the financial sector. Let’s list the reasons, shall we?
It is harder for minorities to get credit that they need to gain assets that produce generational wealth, such as houses and businesses, which help build and pass on wealth
Home ownership among minorities is on the decline: homeownership among white Americans is more than 30 percentage points higher than among black Americans
Black and Latino Americans are more likely to be denied conventional mortgages than white people, even when factors such as income, loan size are taken into account.
The current credit scoring model ends up eliminating many African-Americans, Latinos, and young people that are otherwise credit worthy, making them in effect “CREDIT INVISIBLE.” Credit invisibility leaves a person unable to access necessities, since, besides homeownership, credit is used when a person applies for health insurance, car insurance, and even employment. When a person is credit invisible, it becomes harder for them get started, or to move forward after and respond to life’s challenges.
But he did so much for the black worker, right? This data shows otherwise.
Proof, you say? Here you go: