Another year, another one of the Urban League's "State Of Black America" reports. And of course, another year of looking toward Big Government as the solution. However, bookerista blogger and author Ron Miller presented a conservative viewpoint today on MSNBC:
A group with a combined GDP that will surpass $1 trillion this year does not need to look to government for a solution! As I argue every year that the report comes out, a key reason why the black unemployment rate is always higher than the American national average is that only 5.2 percent of blacks are business owners (one-third to half the rate of other racial groups) and black-owned businesses are more likely to hire black workers. Yet the Urban League puts little to no responsibility on Black America to collectively make better life choices and/or launch private initiatives to improve our communities.
Until Black America uses our almost $1 trillion combined GDP -- a GDP that would make us the world's sixteenth largest economy on our own -- to build more businesses and have dollars within our communities, which currently turn over less than once before exiting our communities, we won't see significant change on the employment or wealth creation front. We must build upon our strengths (e.g., our combined GDP, our high philanthropy rate, the civic engagement rate cited in the NUL report) to address these challenges.
Discuss "The State Of Black America" Report" post here.
