Trump unveils…
…his Platinum Plan to help Black Americans. Among other things, it designates the KKK and Antifa as terrorist organizations, but the major focus is on economics:
The president is expected to tout the plan as “a bold vision that we can and will achieve over the next four years.”
The president’s plan, according to the campaign, will increase access to capital in Black communities by almost $500 billion, help to create 500,000 new Black-owned businesses, and help to create 3 million new jobs for the Black community.
If the plan succeeded in doing this, it would help all of us.
I suppose one might want some extra protection for black-owned businesses subject to BLM and antifa.
It is rather curious that both the KKK and Antifa are mentioned, but not BLM, currently far more violent, far more destructive, as well as receiving far more funding and far more support from corporate America and the MSM.
Lynching as a national hate crime…what about lynchings that are not racially-based or based on targeting of a conventional religion, but rather politically-based?
From the article: “Instead of fighting for public safety for these communities, the Democrats are attacking our police and empowering far-left rioters, looters, and anarchists,” Trump is expected to say. “In the Republican Party, we believe in protecting ALL black lives – including the unborn.”
Better policing with less crime in black neighborhoods is the foundation upon which the rest of the program can be built. Even black entrepreneurs will not start businesses in neighborhoods with lots of theft and shoplifting. If this can be done in just a few cities, it could be an example to build on.
The second piece that’s absolutely necessary is school choice. “13 Baltimore City High Schools, Zero Students Proficient in Math” Need I say more? If students cannot read, write, and do simple math after 12 years in school, we are failing them. Yes, the Democrat controlled cities have utterly failed their black communities in education. If there is systemic racism in this country, that is where you’ll find it.
Trump’s plan, if successful, could be a boon for the entire country. Praying that it happens.
Looks like Kim Klacik has some impressive company:
https://twitter.com/Kathy4Truth/status/1308438915397947394
H/T Sidney Powell twitter feed
*Yawn*
I guess it’s only $500B… so won’t even complain about the waste of money. What’s money these days?
Barry Meislin- yes, very impressive! Just clicked on the link and sent a small donation. I don’t know what her chances are In PA, but hopefully if we can start getting more candidates like her (and John James here in Michigan) elected, maybe this country still has a chance.
Zaphod:
That figure involves possible business loans, I believe.
Lynching as a national hate crime…what about lynchings that are not racially-based or based on targeting of a conventional religion, but rather politically-based?
There hasn’t been a lynching in the United States since 1959. There were precious few after 1946. The practice was at its peak ca. 1893. You saw them in the western United States up until the 1920s due to undermanned law enforcement. You saw them in the South due to moral panic and mob hysteria – usually race based but not exclusively so.
I don’t like this at all. We don’t need the federal government allocating capital apart from the sort of public works spending which is optimally performed by the central government (and that’s not much given the whole tapestry of public and private investment). If banks think a business plan might generated a profitable income stream for them, they’ll make the loan without prodding. In re the black population, we need to work on improving human capital therein. That means ending as much as possible perverse incentives in the political economy and more substantive, intensive, and orderly schooling at all levels. That will take time to implement and time to course its way through the labor force. Alas, a short time in history is a long time in the life of a particular person.
Note also that the contemporary preference architecture of the black population differs from the other coarse racial groups. About the same proportion of white Anglos, hispanics, and orientals / East Indian households report self-employment income. In re blacks, the proportion is about half that for the other groups. (Per capita income for blacks doesn’t differ much from that for hispanics). Blacks are less interested in pursuing self-employment than hispanics ceteris paribus and pushing on the string with capital allocated from the Treasury isn’t going to change that.
Remember Richard Nixon’s ‘black capitalism’?
Many years ago, the late Cathy Seipp asked one of her daughter’s elementary teachers about some inane practices being introduced at the school. The teacher, on the verge of retirement, offered this explanation “That’s where we are in the cycle right now. I’ve been doing this so long I can see the same wheel just keep turning round and round.” Thomas Sowell has written on this phenomenon.
Oh, how could I forget the Community Re-investment Act and the Bush-era pump up the home ownership initiatives? What do we discover? If you try to increase the portion living in owner-occupied housing to a level exceeding about 65% of the population, you end up with a mess of banks and finance companies with money-losing loan portfolios. (And, what’s worse, secondary mortgage maws who cannot meet their obligation on those mortgage-backed securities they issued because the share of their loans which are delinquent is 12% rather than 2.5%). The wreckage we had to clean up after 2007 was a consequence of increasing that share from 65% to 68% or thereabouts. And then there was the Department of Energy’s commercial and industrial loan portfolio. Most famous beneficiary: Solyndra.
Let finance be finance. Let government be government. Different functions, different skill sets.
Art Deco at 10:32 pm said: “There hasn’t been a lynching in the United States since 1959. There were precious few after 1946.”
Actually Michael Donald was lynched in Mobile, Alabama on March 21, 1981
I remember because I was living in Mobile at the time.
https://en.wikipedia.org/wiki/Lynching_of_Michael_Donald
I agree with you, Art Deco, about not shoveling a lot of money to businesses in the beginning. The government’s job is to provide the environment where businesses can prosper. That means law and order along with people who are well enough educated to hold the jobs that can be created in an orderly business district. Policing and education are both government functions. Those two have to come first. Only then can businesses follow.
IMO, the inner city police need to work with the black churches to start to clean up these neighborhoods. Most people know who the troublemakers are, but there is fear of being a snitch. It can get you killed. Tough, but fair policing can overcome that in time. But it takes commitment and people who will stand behind law enforcement and really want to change things for the better. (Not Dems, who just want to milk the city for all the graft they can get.) Rather than spend trillions and 19 years in Afghanistan, why not commit to good law enforcement and education in these neglected inner cities? Start with a few and use them as templates to expand the program when they succeed.
Some of the commenters here are acting as though the Trump plan is a lot of separate items all being implemented at the same time, willy-nilly. Trump is a builder. He’s not going to put windows up first and then as they crash down suddenly notice that there is no frame around them and no building around the frame built there to hold them in place. It is a long-term policy plan with many interrelated parts and stages and with processes that will only kick in with measurable—and measured—results in established timetables.
Trump has built over 500 projects including buildings, golf courses, resorts, and other constructs, that each required detailed planning over long periods of time, with constant evaluations and staging.
The Left spends decades telling you that they are going to build a magnificent edifice, adding and subtracting abstract details over time, changing methods and wasting money and seizing power and wealth, and promising that each new policy and description will be fabulous—but they depend on generations of needy victims as voting blocks.
Trump builds, with intricate plans, expressed by actual finished, physical projects, that have a well-planned beginning, middle, and end, and that empower people to deservedly prosper over time.
The idea is to maximize the real-world expression of potential over time, and minimize waste and dependency.
Chris B, how’s John James looking in his campaign? I thought I might donate.
Related:
African immigrant: “I Love America Too Much to Stay Silent”:
https://youtu.be/I1Aj9YnKXIs
(H/T Blazingcatfur blog)
Actually Michael Donald was lynched in Mobile, Alabama on March 21, 1981
No, he was not. He was abducted at random and murdered. That is not what is meant by ‘lynching’.
Philip Sells- It’s looking pretty good I think. Polls show them about even or James slightly behind, but he has a huge enthusiasm factor going for him and his TV commercials are very good.
My wife and I drove to our place up north this weekend and Trump signs were everywhere. Almost every one had a John James sign next to it. I would encourage you to send a donation if you can. I think that if he manages to get elected he will be a rising star in the Republican Party.
I’ve sent a couple of donations to John James and will probably send another.
One thing I like about his campaign: his fundraising emails don’t have that everything-is-awful-we-are-going-to-lose tone than so many Republican emails do, and they are also devoid of the cheap and sleazy trickery about “your name will go on a special list” and “urgent deadline at 4:55PM today”, etc etc.