Did you know? The Patriot Post is funded 100% by its readers. Help us stay front and center in the fight for Liberty and support the 2024 Year-End Campaign.

October 22, 2024

Will Blacks and Hispanics Vote Their Pocketbooks? Trump Should Hope So!

Trump is picking up ground with Black and Hispanic voters. But some 80% of Blacks are still saying they will vote for Harris.

In the one debate between Donald Trump and Kamala Harris, the vice president attacked Trump for having a racist record, citing his statements in response to the protests In Charlottesville back in 2017.

My intention here is not to defend Trump on some of the things he says about race — which can be interpreted by some as offensive.

I’m here to look at whether Trump or Harris-Biden have a better actual record — not better rhetoric — in advancing the economic opportunities and advancement of Blacks and other minorities.

In my just-published book, “The Trump Economic Miracle,” coauthored with Arthur Laffer, we point out the many achievements in Trump’s first term, such as right-to-try legislation for chronically sick Americans who want to try new potentially lifesaving treatments, achieving energy independence, the economic boom, and advancing peace around the world.

But arguably his most impressive accomplishment was lifting the living standards of minority Americans.

Under Barack Obama and Joe Biden, minorities made almost no progress and in several ways fell behind. Under Trump the financial and economic improvement was remarkable. Blacks saw almost twice the gains under Trump, while Asians and Hispanics saw five times the income gains. Blacks and Hispanics saw a $5,000 average gain in income under Trump.

The main reason for the far superior increase in the standard of living for minorities is that cumulative inflation was so much lower under Trump (8%) than under Biden (20%). Minorities get crushed by higher gas, grocery and housing prices.

But Trump’s record with minorities on income was also superior to that of Obama on an annualized basis. Remember, Obama was president for eight years versus four years (so far) for Trump.

But there is more. Under Trump, Blacks and Hispanics saw record reductions in poverty.

Trump’s policies were also better for Blacks and Hispanics than under America’s first Black president — Obama.

The unemployment rate for Blacks and Hispanics also hit record lows under Trump — although the rate has fallen this year under Biden. Homeownership for Blacks and Hispanics also hit an all-time high under Trump, and the rate today still remains below the Trump high-water mark.

It turns out that Trump tax cuts, energy policies and deregulation initiatives benefit not just the rich but people of all incomes and all ethnicities. For example, the average family saw roughly $10,000 of savings from Trump deregulation but saw a more than $40,000 cost (on a lifetime basis) under Biden’s reregulation policies.

One last point that Trump should emphasize: The most important civil rights issue of our time to improve the lifetime economic opportunities for Black and Hispanic children — especially those in inner cities — is school choice so that parents can send their kids to better schools. Trump is strongly in favor of this. Biden and Harris are strongly opposed — mostly because they care about teacher unions over minority children.

So if racism is about holding back economic progress of minorities, then the media has the narrative all wrong. Polls are showing that Trump is picking up ground with Black and Hispanic voters. But some 80% of Blacks are still saying they will vote for Harris.

If they vote their wallets and who’s best for their children’s financial future, they still may change their minds.

COPYRIGHT 2024 CREATORS.COM

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the Tunnel to Towers Foundation, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.