Under an Obama Presidency, there is an intensified interest in the role of Black
Americans in the US economy. While there are the high-profile Black super rich
such as Oprah Winfrey & Robert Johnson, It is also common knowledge that
Black unemployment rate hovers nears 16 percent. In many respects, Winfery
& Johnson appear as anomalies: and there is increasing concern in White America
concerning the drain on the nation's treasury caused by a group that is so thoroughly
unempolyed.
While the U.S. Government does not maintain records on Federal, state, & local
financial & in-kind assistance by race, it is known that 25 percent of Black Americans
are in poverty: at least 10 million Blacks receive some type of governmental assistance
for the indigent.
Unfortunately, there i on direct method for estimating the precise impact that
Black Americans have on the U.S. economy. Considering the ever changing nature
of the economy, the increasing emphasis on technology,& the fact many of the jobs
that we as Black Americans have performed, & continue to perform. are becoming
obsolete ( either due to technology or relocation overseas), We as Black Americans
should find it important to address this Productivity gap issue.
Posted By: Rori Nelson
Tuesday, April 10th 2012 at 10:57PM
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