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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (201062)6/3/2021 12:48:43 PM
From: i-node  Read Replies (2) | Respond to of 362343
 
>> The generational wealth disparity, for example, is the historical fault of the system

Anyone who cared about that problem as it pertains to blacks specifically had to have voted for Trump, who was, economically speaking, the best president our country has seen in decades. So much so that liberal publications literally had to make up lies to counter the positive effects of his policy.

Trump says, "We're going to drive unemployment down for minorities". First thing he does is to drive unemployment to the lowest level in modern history for blacks and Hispanics. Democrats spent the next three years lying about him. Never once said, "Damn, good job."

You have never once in this thread had a positive thing to say about his economic policy, which directly resulted in the strongest economy most of us can recall. And there really wasn't any doubt about why that happened. It was the Democrats' job to try to depress it.

Generational wealth disparity is difficult because wealth is a function of productivity and the last couple generations have been pretty terrible in that regard. And many of those people, black or white, will never accumulate wealth. Historically, half of people at some point in their lives have some amount of wealth. I don't think that is likely now.

OTOH, people of all colors who are smart and willing to work hard can see lots of opportunity.

Stupid people generally will not be successful in business and are better off working for someone else.