Current Events > BET founder says Trump's economy is helping black people

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The Admiral
04/17/18 1:02:37 PM
#1:


https://www.cnbc.com/2018/04/06/bet-founder-trump-economy-brings-black-workers-back-into-labor-force.html

The growing U.S. economy and improving business environment is bringing black workers back into the labor force, BET founder Robert Johnson told CNBC on Friday.

Johnson, the nation's first black billionaire, spoke before Friday's jobs report, which showed nonfarm payrolls rose 103,000 in March, falling well short of the 193,000 gain economist were expecting.

In January, the Labor Department reported the unemployment rate among black workers was at its lowest since at least the early 1970s, when the government began tracking the data. The unemployment rate for black Americans spiked in January and then fell in February. The rate was unchanged in March at 6.9 percent.

"When you look at that [January report], you have to say something is going right," said Johnson, a Democrat and founder and chairman of The RLJ Cos.

"You have to take encouragement from what's happening in the labor force and the job market," Johnson told "Squawk Box." "When you look at African-American unemployment, ... you've never had African-American unemployment this low and the spread between African-Americans and whites narrowing."

Johnson said that means the jobs market is "soliciting employees who have been out of the labor force, some of it based on discrimination, some of it based on changes in education, access and technology changes."


That's an endorsement I was not expecting. Either way, really glad to see the positive outcome for black workers.
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Vicious_Dios
04/17/18 1:06:22 PM
#2:


This is good news.
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Muffinz0rz
04/17/18 1:07:09 PM
#3:


inb4WETWouldBeRacist
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#4
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Medz1286
04/17/18 1:07:53 PM
#5:


treason!
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Medz1286
04/17/18 1:09:07 PM
#6:


Will eminem have a new rap praising Trump for the BET awards?
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Sayoria
04/17/18 1:12:54 PM
#7:


I definitely hate that democrats feed an idea that is straight out of the communist book. I definitely believe we should aid those who cannot get jobs (who are actively trying hard) and those who need assistance. What I believe is that if you are just sitting on food stamps or shit like that, they shouldn't. They need to be active. Too many people are paid more benefits NOT to have a job. This will just slow our economy down and hurt us overall.

At the same time, Republicans and Conservatives suck.

Moderates/Independents >>>>>>>> this two-party bullshit.
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Giant_Aspirin
04/17/18 1:12:55 PM
#8:


remember, it's only "Trump's economy" while it's doing well. once bad things happen, it'll be someone else's economy.
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donkeyjack
04/17/18 1:13:10 PM
#9:


Hahaha@ Trump helping Black people.
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Nomadic View
04/17/18 1:14:26 PM
#10:



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KarmaMuffin
04/17/18 1:14:42 PM
#11:


Sayoria posted...
I definitely hate that democrats feed an idea that is straight out of the communist book. I definitely believe we should aid those who cannot get jobs (who are actively trying hard) and those who need assistance. What I believe is that if you are just sitting on food stamps or shit like that, they shouldn't. They need to be active. Too many people are paid more benefits NOT to have a job. This will just slow our economy down and hurt us overall.

At the same time, Republicans and Conservatives suck.

Moderates/Independents >>>>>>>> this two-party bullshit.

I don't even know where to begin on how wrong this post is.
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ReignFury
04/17/18 1:14:45 PM
#12:


It is, but unfortunately the deficit has taken a big hit soooooo yeah.
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Kazi1212
04/17/18 1:15:06 PM
#13:


I mean, isnt black unemployment at its lowest ever? No brainer really
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Giant_Aspirin
04/17/18 1:16:02 PM
#14:


ReignFury posted...
It is, but unfortunately the deficit has taken a big hit soooooo yeah.


and im p sure that most economists agree that deficit spending during a healthy/growing economy is not a good idea. deficit spending is a good way to stimulate an economy that needs it, but dangerous otherwise.
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#15
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Kazi1212
04/17/18 1:18:26 PM
#16:


Giant_Aspirin posted...
ReignFury posted...
It is, but unfortunately the deficit has taken a big hit soooooo yeah.


and im p sure that most economists agree that deficit spending during a healthy/growing economy is not a good idea. deficit spending is a good way to stimulate an economy that needs it, but dangerous otherwise.


Sure but the US has been deficit spending for practically every year, good or bad economy, for the past god knows how long with the exception of a couple of years in the 90s(if I recall), so this is by no mean just a Trump administration phenomenon
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John_Galt
04/17/18 1:19:21 PM
#17:


It's refreshing to have a president who is actually making things better for minorities
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ReignFury
04/17/18 1:21:40 PM
#18:


Giant_Aspirin posted...
ReignFury posted...
It is, but unfortunately the deficit has taken a big hit soooooo yeah.


and im p sure that most economists agree that deficit spending during a healthy/growing economy is not a good idea. deficit spending is a good way to stimulate an economy that needs it, but dangerous otherwise.


Especially with more unpaid for tax cuts, theres no book balancing and a bulging trillion dollar federal assistance bill. But hey look FREE MONEY!
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metralo
04/17/18 1:24:35 PM
#19:


Bullet_Wing posted...
Kazi1212 posted...
I mean, isnt black unemployment at its lowest ever? No brainer really

It's been consistently going down for a while now. Before Trump was even president. Has he actually done anything specifically to lower it further, or is it just a trend that has kept going?


yeah but this token black guy said something good about trump so Admiral must post about it
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Kazi1212
04/17/18 1:24:42 PM
#20:


Bullet_Wing posted...
Kazi1212 posted...
I mean, isnt black unemployment at its lowest ever? No brainer really

It's been consistently going down for a while now. Before Trump was even president. Has he actually done anything specifically to lower it further, or is it just a trend that has kept going?


Why does that matter to you? Im responding in the context of liberals who cried through the airwaves everyday how Trump was/is going to destroy America. If his administration is able to hold on and continue a positive trend, thats already leaps and bounds better than their dramatic prediction.
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hockeybub89
04/17/18 1:25:53 PM
#21:


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bobbysjoby
04/17/18 1:27:26 PM
#22:


cant believe there hasn't been at least 2 or 3 "ALL THANKS TO OBAMAS POLICIES WAY TO STEAL CREDIT TRUMP!" posts yet
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glitteringfairy
04/17/18 1:27:48 PM
#23:


hockeybub89 posted...
Nonsense. Trump is helping no one.

There it is.
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Nomadic View
04/17/18 1:28:08 PM
#24:


metralo posted...
Bullet_Wing posted...
Kazi1212 posted...
I mean, isnt black unemployment at its lowest ever? No brainer really

It's been consistently going down for a while now. Before Trump was even president. Has he actually done anything specifically to lower it further, or is it just a trend that has kept going?


yeah but this token black guy said something good about trump so Admiral must post about it


Token black guy? Hes on BET. How is he the token black guy?

Is any black guy that doesnt follow your ideology a token black guy? Are all black guys supposed to bow their head and tow the line you expect? Or are some black guys allowed to have a different opinion without being labeled with slurs?
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The Admiral
04/17/18 1:29:07 PM
#25:


Nomadic View posted...
Token black guy? Hes on BET. How is he the token black guy?


He's not on BET, he owned BET. He's the first black billionaire in the U.S.

But yeah, just a "token" black guy when he's saying something that goes against an agenda.
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SomeGuyUO
04/17/18 1:29:09 PM
#26:


So he speaks for ALL black people?
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Nomadic View
04/17/18 1:30:52 PM
#27:


SomeGuyUO posted...
So he speaks for ALL black people?


No one said that. Please rebuild your strawman and try again.
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OctilIery
04/17/18 1:31:36 PM
#28:


This is good news to start my day with, thanks @The_Admiral
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The Admiral
04/17/18 1:32:22 PM
#29:


OctilIery posted...
This is good news to start my day with, thanks @The_Admiral


Very welcome. I think we can all agree this is good news.
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Axiom
04/17/18 1:32:25 PM
#30:


An insanely rich guy is happy about another rich guy whose main purpose is using his office to benefit his fellow 1%ers. You don't say
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Bishop9800
04/17/18 1:33:07 PM
#31:


The Admiral posted...
He's not on BET, he owns BET. He's the first black billionaire in the U.S.


No he don't. He sold BET to Viacom in 2001. BET haven't been "black owned" since then.
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prince_leo
04/17/18 1:33:54 PM
#32:


I think the Boondocks episode concerning BET explains my feelings about it better than I ever could
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The Admiral
04/17/18 1:34:16 PM
#33:


Bishop9800 posted...
The Admiral posted...
He's not on BET, he owns BET. He's the first black billionaire in the U.S.


No he don't. He sold BET to Viacom in 2001. BET haven't been "black owned" since then.


Fair, I edited my post to be past tense.

Point being he's still far from some "token" black guy.
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donkeyjack
04/17/18 1:34:33 PM
#34:


Bishop9800 posted...
The Admiral posted...
He's not on BET, he owns BET. He's the first black billionaire in the U.S.


No he don't. He sold BET to Viacom in 2001. BET haven't been "black owned" since then.


No wonder BET's quality has been dipping since I was 13/14 ish. Huh, the more you know.
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Bishop9800
04/17/18 1:35:43 PM
#35:


donkeyjack posted...
No wonder BET's quality has been dipping since I was 13/14 ish.


This.
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#36
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Axiom
04/17/18 1:37:10 PM
#37:


prince_leo posted...
I think the Boondocks episode concerning BET explains my feelings about it better than I ever could

Aaron McGruder, creator of The Boondocks comic strip and TV series, is a very vocal opponent of BET, which he blames for dumbing down black people and their pop culture. Both the comics and the show have frequently made scathing comments and jokes at BET's expense, which culminated with two controversial episodes at the end of Season 2 ("The Hunger Strike" and "The Uncle Ruckus Reality Show") that were actually banned from Adult Swim because of legal threats from BET.

Lmao
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Nomadic View
04/17/18 1:37:21 PM
#38:


CrimsonRage posted...
congratulations, you found a black guy who agrees with you


Are his statistics wrong?
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Veggeta X
04/17/18 1:37:51 PM
#39:


WTF BET is shit.
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SpreadManning
04/17/18 1:38:17 PM
#40:


Lot of salty folks itt
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Im_JustMe0129
04/17/18 1:39:28 PM
#41:


Another person the left will suppress and target.
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CaptainCrunch
04/17/18 1:39:49 PM
#42:


Axiom posted...
prince_leo posted...
I think the Boondocks episode concerning BET explains my feelings about it better than I ever could

Aaron McGruder, creator of The Boondocks comic strip and TV series, is a very vocal opponent of BET, which he blames for dumbing down black people and their pop culture. Both the comics and the show have frequently made scathing comments and jokes at BET's expense, which culminated with two controversial episodes at the end of Season 2 ("The Hunger Strike" and "The Uncle Ruckus Reality Show") that were actually banned from Adult Swim because of legal threats from BET.

Lmao


I wonder where I could find those two episodes.
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Bishop9800
04/17/18 1:43:41 PM
#44:


CaptainCrunch posted...
Axiom posted...
prince_leo posted...
I think the Boondocks episode concerning BET explains my feelings about it better than I ever could

Aaron McGruder, creator of The Boondocks comic strip and TV series, is a very vocal opponent of BET, which he blames for dumbing down black people and their pop culture. Both the comics and the show have frequently made scathing comments and jokes at BET's expense, which culminated with two controversial episodes at the end of Season 2 ("The Hunger Strike" and "The Uncle Ruckus Reality Show") that were actually banned from Adult Swim because of legal threats from BET.

Lmao


I wonder where I could find those two episodes.


Season 2 of the Boondocks DVD set.
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creativerealms
04/17/18 1:43:56 PM
#45:


Im_JustMe0129 posted...
Another person the left will suppress and target.

That is what the right does. Stop projecting.
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Medz1286
04/17/18 1:45:09 PM
#46:


Giant_Aspirin posted...
remember, it's only "Trump's economy" while it's doing well. once bad things happen, it'll be someone else's economy.

Thanks Obama
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The Admiral
04/17/18 1:46:10 PM
#47:


creativerealms posted...
Im_JustMe0129 posted...
Another person the left will suppress and target.

That is what the right does. Stop projecting.


Full stop. This is one of the most successful black businessmen in U.S. history and you have users in this topic calling him "token" and "a black guy." No projection needed, just reading comprehension.
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A_Good_Boy
04/17/18 1:46:59 PM
#48:


bobbysjoby posted...
cant believe there hasn't been at least 2 or 3 "ALL THANKS TO OBAMAS POLICIES WAY TO STEAL CREDIT TRUMP!" posts yet

I was gonna but decided I didn't care enough.
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Im_JustMe0129
04/17/18 1:48:19 PM
#49:


creativerealms posted...
Im_JustMe0129 posted...
Another person the left will suppress and target.

That is what the right does. Stop projecting.

You are projecting. The left silences and targets anyone who goes against their Orwellian hive mind.
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FrisbeeDude
04/17/18 1:49:36 PM
#50:


The Admiral posted...
creativerealms posted...
Im_JustMe0129 posted...
Another person the left will suppress and target.

That is what the right does. Stop projecting.


Full stop. This is one of the most successful black businessmen in U.S. history and you have users in this topic calling him "token" and "a black guy." No projection needed, just reading comprehension.


Rich white liberals are often excuse of white guilt whenever they agree with concepts like white privilege and racial systemic oppression all the time lmao
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FLUFFYGERM
04/17/18 1:49:50 PM
#51:


How long until @hollow_shrine calls him a pet for saying something positive about Trump?
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