The Patriot Post® · Wednesday Opinion

· https://patriotpost.us/articles/53358-wednesday-opinion

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Opinion in Brief

Star Parker: “There’s plenty to celebrate in the December Bureau of Labor Statistics report showing black unemployment at 6.8 percent, the lowest ever since they started reporting the data in 1972. … Donald Trump was onto something when he asked blacks, during the presidential campaign, ‘What do you have to lose?’ … Black unemployment peaked at 16.8 percent in March 2010 during President Obama’s efforts to recover from the 2007-2008 economic collapse. But the irony is that the collapse was driven by government policies put in place to help low-income Americans to make housing purchases. … An ocean of new regulations on financial services, enacted as part of the Dodd-Frank Act, was the Democratic Congress’ answer to their own misdiagnosed analysis of what caused the collapse. As a result, we had a slower-than-normal economic recovery. These are the discussions we need today. How do we get out of the big government mindset that has been a drag on our economy and has perpetuated economic underperformance in low-income communities? In this context, Trump is right to boast. He is bringing badly needed new thinking on issues concerning low-income America. It’s already making a difference.”