The mainstream media will never admit it, but Donald Trump is responsible for the most remarkable economic boom that Black America has ever seen.
For the past three years, this president has worked to ensure that America’s strong and growing economy works for all Americans, not just corporations and wealthy investors — and his efforts are already paying major dividends in our community.
I’ve said this before and I will say it again — the best social program in the world is a good-paying job, not a welfare handout. Thanks to President Trump’s policies — including massive tax cuts for middle-income Americans, economic opportunity zones to revitalize distressed communities, and deregulation to unleash private sector productivity — the black unemployment rate recently fell to its lowest level in history. It remains more than 10 percentage points below its high point during the Obama administration. Black Americans are also enjoying the lowest poverty rate ever recorded, and our incomes have soared since Donald Trump took office in 2017, hitting an all-time high in 2018.
President Trump’s policies have also created over one million new jobs for black Americans since January 2017, triggering a self-perpetuating ripple of prosperity that has strengthened our community like never before.