Black Unemployment — Who Gets The Credit?

Today, we talk black unemployment and who gets the credit for its current lower level?

Big Red Car here on a lovely bright Austin By God Texas day. The kind of day that makes you want to move to Austin, but, then, I live here, don’t I?

So, we are hearing a lot about black unemployment and how it has plunged. President Donald J Trump has mentioned it a few times.

Some folks have attributed the current status — 6.8% in Dec 2017 v a high of 16.5% in April 2011 — to President Obama. Still, way too high when national unemployment is 4.1% from a high of 10% in October 2009.

[Please note that President Obama, himself, is a currently an unemployed black man, no?]It is clearly true that President Trump has continued the downward trend, some say he has accelerated it. However, the trend was already headed in that direction before he arrived in office.

Thanks, Obama.

But, hey, what the Hell do I really know anyway? I’m just a Big Red Car. Thanks, Obama.