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Economy

The Best States for Race Relations are in the South, Guess where the Worst Are?

Conditions for blacks are better today in most of the old southern states. On the other hand, the worst places in the upper Midwest.

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According to a new survey, in this Trump era, conditions for blacks are better today in most of the old southern states. On the other hand, the worst places for minorities appear to be in the upper Midwest and near west.

Liberals like to pretend that America’s southern states are filled with mouth-breathing racists. But the new survey by career company Zippia finds that the old “racist south” accusation is a canard and the real problems are in the northern part of the country, not the southern one.

In fact, according to Zippia’s criteria, the old south has nearly all the states deemed most favorable to minorities. The only exception appears to be Louisiana as far as the jobs site is concerned.

“For Black History Month, we sought to highlight which states have made the most progress in key areas- and which states have the furthest to go,” Zippia said on its website on Monday.

Trending: Multiple States Now Targeted by Secessionists as Nation Remains Divided

The worst states for blacks appear to be states such as Illinois, Ohio, Wisconsin, Indiana, Pennsylvania. Michigan, and the other surrounding states. Meanwhile, Florida, Georgia, Tennessee, Texas, Arkansas and other southern states are far more ideal for up-and-coming blacks looking to improve their lives.

Zippia reported the worst states as:

  1. Wisconsin
  2. Iowa
  3. South Dakota
  4. Connecticut
  5. Minnesota
  6. Kansas
  7. New Hampshire
  8. Ohio
  9. Maine
  10. Louisiana

You can’t help but notice that many of these states are liberal states. Of that worst ten list above, only Louisiana is supposed to be a “conservative” state.

On the other hand, the top ten best states are:

  1. Mississippi
  2. Florida
  3. Delaware
  4. Maryland
  5. Texas
  6. Hawaii
  7. California
  8. Georgia
  9. Tennessee
  10. Wyoming

While the top ten is split between blue and red states, the top 20 is more revealing because the other ten is dominated by southern states.

Here is the site’s criteria to rank the states:

We ranked each state in four areas:

  • Income Gap (Higher is worse)
  • Education Gap (Higher is worse)
  • Home Ownership Disparity (High is worse)
  • Black Americans Incarceration Rate Per 100,000 (Higher is worse)

To calculate the income gap, we turned to the American Community Survey. We didn’t simply analyze median incomes because our goal wasn’t to find to states where Black Americans earn the least, but where they earn comparatively less. Instead, we calculated the percent difference between median white and median black incomes. The greater the disparity, the greater the wage gap, and the further the state has to go towards equality.

Our education data came from the ACS, as well. Similar to income, we determined the difference between Black Americans with a Bachelor’s Degree and White Americans. Since college graduates have higher lifetime earning potentials and face lower risk of unemployment, it felt like an important metric to evaluate.

Owning a home is the American dream and an important part of passing on generational wealth. With this in mind, we, once again turning to the ACS, compared in each state the rate of Black American home ownership to White American home ownership to determine the home ownership disparity.

Our data on incarceration rates came from the Sentencing Project Organization. It looked at the number of Black Americans incarcerated per 100,000.

In any case, it is interesting to note that it isn’t so bad to be a black person in the south these days. That is quite a different reality than the media claims, isn’t it?

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Economy

Obama Tried to Take Credit for Trump’s Booming Economy, The Backlash Was Swift

On Monday commie Obama tried to take credit for America’s booming Trump economy with a tweet about his signing of the “Recovery Act.”

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On Monday commie Obama tried to take credit for America’s booming Trump economy with a tweet about his signing of the “Recovery Act.” The backlash against Obama’s absurd claims washed back over him almost immediately.

On Monday morning, Obama jumped to Twitter to proclaim himself to be the king of economic recoveries.

“Eleven years ago today,” Obama piously tweeted, “near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.”

Team Trump responded quickly with a statement sent to Fox News about Obama’s “con job”:

“President Trump reversed every single failed Obama-era economic policy, and with it, reversed the floundering Obama/Biden economy,” Trump campaign national press secretary Kayleigh McEnany said. “Obama and Biden orchestrated the worst economic recovery in modern history.”

She added: “By contrast, though, deregulating, lowering taxes, and supporting free-market policies, President Trump has created the hottest economy on record, with unemployment hitting generational lows and all-time lows for African Americans, Hispanics, the disabled, veterans and many other hard-working Americans.”

“Paychecks are growing at the fastest pace in a decade and twice as fast for low- and middle-income Americans,” she continued. “It’s no wonder Democrats seek to take credit for the Trump economy after eight years of betraying blue-collar workers and inflicting pain upon the middle class as Americans everywhere suffered. But the failed days of Democrat stagnation are over, and the soaring Trump economy is here to stay.”

As is his wont, the president also took to his own Twitter account to fire back:

Did you hear the latest con job? President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration. He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers ever. Had to rebuild our military, which was totally depleted. Fed Rate UP, taxes and regulations WAY DOWN. If Dems won in 2016, the USA would be in big economic (Depression?) & military trouble right now. THE BEST IS YET TO COME. KEEP AMERICA GREAT!

First of all, can we realize just how hilarious it is that Obama thinks signing something CALLED a “recovery act” is the same thing as actually fostering a recovery? What a dope.

But, let’s also remember that Obama’s was the weakest, worst “recovery” in U.S. history and that his rate of growth was lower than any previous president’s?

As Daily Wire noted, Forbes Magazine castigated Obama for his horrible stewardship of the U.S. economy:

“The Obama recovery of the last seven years remains the worst in postwar American history,” a Forbes opinion piece published in 2016 outlined. “Average gross domestic product (GDP) growth since the bottom of the recession in 2009 was barely above 2.1% per year. The average since 1949 is well above 4% per year during the previous 10 expansions.”

“I believe the root cause of abysmal growth is the huge tax increases imposed by Obama and the Democrats in Congress since 2008,” the piece’s author, Rex Sinquefield, explained. “The most harmful were the increase in the capital gains tax from 15 to 20 percent, the increase in top bracket income from 35 to 39.6 percent, and the new tax of 3.8 percent on investment income in the Affordable Care Act (ACA). The massive increase in regulatory burden through the ACA and Dodd-Frank bills are also crushing, but unfortunately are harder to measure.”

And who can forget: “What is he gonna do… wave a magic wand?”

Other reaction was just as shocked at Obama’s arrogance and lies:

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Economy

Illinois Joins Ten Other States in Legalizing Recreational Marijuana

Is a national end to pot prohibition right around the corner?

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Folks, the legalization of marijuana at the national level is fast approaching, and it would be a silly and futile waste of time to step in front of this economic train as it rolls down the tracks.

No, you don’t have to enjoy using the drug or its derivatives to benefit from its legalization, either.  The “side effects” of the end of pot prohibition have been studied in-depth in places like Colorado and Washington State, and the verdict is in:  Legal weed reduces opioid dependence, increases tax revenue, and creates an incredible amount of jobs.

Furthermore, with Canada and Mexico having legalized cannabis, this leaves only America ripe for the picking by domestic drug gangs and foreign cartels – something that the people of Chicago, Illinois know all too well.

But a law taking effect on the first day of 2020 may take a bite out of even the most savage of Chiraq’s ganja-slinging squads.

New Year’s Day, Illinois became the 11th state to legalize marijuana, prompting long lines to start forming at dispensaries before sunrise.

Dispensaries were allowed to begin selling cannabis at 6 a.m. but there was a delay in some sales due to a problem with the state database that will track all marijuana sales.

Illinois residents may possess up to 30 grams of the dried flower, five grams of cannabis concentrate and 500 milligrams of THC in edibles, while non-state residents may possess only half as much.

The move will also allow many Illinois residents to reagin their dignity as well.

The first day of legal sales follows Illinois Gov. J.B. Pritzker granting more than 11,000 pardons to people convicted of low-level marijuana convictions.

“The war on cannabis has destroyed families. It has filled jails and prisons with nonviolent offenders. It has disproportionately affected black and brown communities,” Pritzker said at a press conference Tuesday.

Well over thirty states have some form of legal, medical, or decriminalized marijuana laws, signaling that a national end to pot prohibition can’t be far off.

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Economy

‘Phase One’ China Trade Deal Scheduled for Early 2020 Signing Ceremony

American agriculturists are celebrating the breakthrough.

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It appears as though some much needed economic relief could be coming to American agriculturists early in 2020.

For months on end, a trade war between China and the United States has been raging as negotiations between the two economic powerhouses came to a chilly standstill.  President Trump believed that China was simply stymying the trade talks in order to wait out his first term, hoping then to be dealing with a much kinder, simpler Democratic President.

With Trump still very much a contender for 2020, however, the beancounters in Beijing have taken a new, more conciliatory approach, and the “Phase One” trade deal between these two nations is expected to be signed within weeks.

President Donald Trump said Tuesday that he plans to sign a preliminary trade deal with China on Jan. 15 in Washington and will travel to Beijing later in 2020 to begin talks on a phase two agreement.

“I will be signing our very large and comprehensive Phase One Trade Deal with China on January 15,” Trump wrote on Twitter. “The ceremony will take place at the White House. High level representatives of China will be present. At a later date I will be going to Beijing where talks will begin on Phase Two!”

The two sides announced earlier this month they had reached a preliminary agreement on a raft of issues including financial services market openings, forced technology transfer, intellectual property protection and currency manipulation.

The deal stipulates that China will be purchasing $2 billion in US goods over the course of the next two years, with much of that money being spent on American crops and agricultural products.

Earlier in the trade negations, it became terribly obvious that American farmers in the midwest were being inordinately affected by the tariff tiff between the US and China – a scary proposition for President Trump as his team begins to court these all important, rural voting blocs.

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Economy

Nasdaq 9,000 First Time Ever

Winning!

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The Nasdaq logged its tenth record in a row today and finished above 9,000 points for the first time ever. The index closed up 0.8%.

The Nasdaq (COMP) has gained some 36% in 2019, putting it on track to make 2019 its biggest year since 2013. Stocks rose across the board as investors were coming back from the Christmas holiday when markets were closed.

Breitbart:

Dec. 26 (UPI) — U.S. stocks surged higher Thursday as a year-end rally stoked by bullish economic news pushed the Nasdaq Composite index to 9,000 for the first time in its history.

The S&P 500 also posted a fresh all-time high at 3,235.46 in late morning trading while the Dow Jones Industrial Average rose about 77 points, reaching a peak of 28,596.22 before leveling off.

The rally has been gathering momentum as the year draws to a close and was pushed along Thursday on news that retail sales for the just concluded holiday season were 3.4 percent higher than 2018, including record online sales, which were up nearly 20 percent.

The late-year bull market has seen the S&P 500 rise by 2.9 percent in December and by 29 percent for the year, putting it on the verge of posting best annual performance since 1997.  More

Twitter chimes in:
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Economy

Liberal Vox Firing Hundreds of Freelancers Due to New California Employment Law

California’s nannystaters have destroyed even more jobs now that its new rules for freelancers have gone into effect.

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California’s nannystaters have destroyed even more jobs now that its new rules for freelancers have gone into effect and one of the first to fire hundreds of employees over the new law is left-wing Vox media.

According to a report at CNBC, Vox has told hundreds of its employees that work as freelancers that they are no longer going to get the contract work they used to do for the company.

The company’s SB Nation sports site will lose the most employees, according to CNBC.

“This is a bittersweet note of thanks to our California independent contractors,” John Ness, executive director of SB Nation, wrote in a post on Monday CNBC reported. “In 2020, we will move California’s team blogs from our established system with hundreds of contractors to a new one run by a team of new SB Nation employees.”

Ness also told the freelancers that some may be hired for a full-time job with Vox, and that they should all try applying for those limited number of positions that will be announced at a latter date.

Why has the left-wing website begun the mass firing? You can thank the leftists in the California state legislature for another nannystate policy that was meant to “protect” those who make a living off of “gigs,” or temporary jobs such as freelance writers, artists, musicians, and the like.

In September, the state legislature wholly controlled by Democrats passed Assembly Bill 5 which changed rules for such workers.

The left-wing legislature meant the bill as a way to attack companies like Uber and Lyft and hurt their ability to carry on like they do elsewhere. But the rules have had the unfortunate effect of destroying the jobs of hundreds of thousands of other workers.

For Vox employees, for instance, the new law prevents freelancers from being paid for a tiny 35 pieces per year. That completely destroys the careers of people who make a monthly living from freelancing.

The bill will likely destroy the livelihoods of up to one million California workers.

Thanks, Democrats.

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Economy

Ford Adding 3,000 Jobs in Detroit as Trump MAGA Economy Grows

Ford has announced that it is preparing to add 3,000 jobs as part of a $1.4 billion investment plan as the Trump economy continues to trundle along.

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Ford has announced that it is preparing to add 3,000 jobs as part of a $1.4 billion investment plan while the Trump economy continues to trundle along.

The auto giant is planning to ramp up its manufacture of pickup trucks, SUVs, and electric and autonomous vehicles at several Detroit facilities, Ford said in an announcement on Tuesday, the Associated Press reported.

As the AP noted:

The company said Tuesday that about $750 million will go the Michigan Assembly Plant in the Detroit suburb of Wayne, where 2,700 jobs will be added during the next three years. Another $700 million will be invested in the truck plant in Dearborn, where 300 new jobs will be added.

The car maker added that the job openings will be filled starting next year for positions that will pay on average about $61,000 a year.

Ford said that its new product lines are an attempt to re-capture some of the national marketshare in the U.S.A.

Some of the changes include:

The Wayne plant investment will be used to build the new Ford Bronco SUV, as well as an all-new Ranger small pickup truck. Investment at the plant also result in a new center to modify and support autonomous and other vehicles.

Ford says the Dearborn plant will get the next generation of the F-150, as well as hybrid and electric versions of the truck. The investment includes battery assembly for the electric trucks.

The F-150 is the top-selling vehicle in the U.S. and is Ford’s franchise, generating most of the company’s profits.

Once again, the Trump economy brings growth and success to the American economy.

MAGA, baby.

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Economy

MAGA: Dow Gains Its 10,000th Point Since Trump Came to White House

This week, the Dow gained its 10,000th point since election day 2016.

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Remember when Trump was elected, and every liberal said that the stock market would collapse if he won the election? Well, this week, the Dow gained its 10,000th point since election day 2016.

As Fox Business reported:

The Dow Jones Industrial Average crossed 28,332.74 on Monday, meaning it has rallied 10,000 points, or more than 54 percent, since Trump’s election victory on November 8, 2016. The benchmark S&P 500 has gained more than 46 percent.

“The rally has been driven by pro-growth measures, de-escalation of trade tensions, huge liquidity injections by central banks and a FOMO approach by investors worried about missing out on a remarkable U.S. market outperformance that has set one record high after the other.” said Mohamed El-Arian, chief economic adviser at Allianz.

Fox Business added:

By comparison, global exchanges such as Hong Kong’s Hang Seng and Britain’s FTSE have gained 20.4 percent and 6.4 percent, respectively, since Trump’s election win, while China’s Shanghai Composite has lost 7.2 percent, according to Dow Jones Market Data Group. Of the major global averages, only Japan’s Nikkei, up 44.1 percent, has come close to the gains of the U.S. markets.

This is a far cry from the early days of his presidency when leftists insisted if Donald Trump got elected the U.S. economy and the stock market was going to “tank.”

Take an October article by Politico, for instance. It was entitled, “Economists: A Trump win would tank the markets.

“Wall Street is set up for a major crash if Donald Trump shocks the world on Election Day and wins the White House.,” Politico absurdly wrote in the weeks before the 016 election.

Looks like the so-called “experts” had no clue whatever, doesn’t it?

The Trump economy has been the strongest recovery in decades.

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