Sharply rising household incomes for Blacks and Hispanics during Trump's presidency have lifted many in their communities above the poverty line. During each of the three years of Trump, about 380,000 Blacks climbed their way out of poverty, compared to only 80,000 for Obama. More than a half-million Hispanics moved past the poverty line in each of the three years of Trump, compared to only 150,000 under Obama.
Why have Blacks and Hispanics fared so well in the Trump economy? Jobs. Jobs. Jobs. The Trump economy has been a job creating machine. The unemployment rate for Blacks and Hispanics in February 2020, before the arrival of the coronavvirus to our shores, was the lowest in the past half-century.
In spite of the predictions of the many nay-saying economists, the Trump job-creating machine is back to work. Since April 2020,
the unemployment rate has decreased every month for Blacks and Hispanics. As Covid-19 vaccine and therapeutics become more widely available, Blacks and Hispanics can look forward to even more jobs and even higher incomes than they enjoyed in February 2020.
