Syndicated columnist Joseph Perkins penned an editorial in yesterday's San Diego Union-Tribune that highlights some of the good things that the late former president Ronald Reagan did for black America.
Andrew Brimmer, the Harvard-trained black economist, the former Federal Reserve Board member, estimated that total black business receipts increased from $12.4 billion in 1982 to $18.1 billion in 1987, translating into an annual average growth rate of 7.9 percent (compared to 5 percent for all U.S. businesses.These statistics are equally matched by gains by black executives across the board.
Black social scientist Bart Landry estimated that that upwardly mobile cohort grew by a third under Reagan's watch, from 3.6 million in 1980 to 4.8 million in 1988. His definition was based on employment in white-collar jobs as well as on income levels.
Indeed, between 1982 and 1988, total black employment increased by 2 million, a staggering sum. That meant that blacks gained 15 percent of the new jobs created during that span, while accounting for only 11 percent of the working-age population.
Meanwhile, the black jobless rate was cut by almost half between 1982 and 1988. Over the same span, the black employment rate – the percentage of working-age persons holding jobs – increased to record levels, from 49 percent to 56 percent.
The Equal Employment Opportunity Commission reported that the number of black managers and officers in corporations with 100 or more employees increased by 30 percent between 1980 and 1985.How call all of this be? To hear black so-called leaders tell it, the clock was turned back as a result of Ronald Reagan. To hear these so-called leaders tell it, joblessness skyrocketed as a result of Reagan. To hear these so-called leaders tell it, blacks were forced to the back of the bus.
During the same period, the number of black professionals increased by an astounding 63 percent.
Based on these and other statistics, the opposite is true.
The one thing -- the only thing -- that these so-called leaders can point at is that Ronald Reagan was [gasp] a Republican!
And in order to keep the masses doing what they want them to do, they have to paint the GOP as "evil." When nothing could be further from the truth...Posted by mhking at June 12, 2004 01:07 PM