Tag Archives: Economics

No Reported Income?: The Dire Economic Plight of so many Black Millennials and How We Can Address It

One of the most repetitious yet bemusing moments that repeats itself in my courses occurs after I cover the indispensable contributions of Civil Rights attorney Charles Hamilton Houston’s fight for racial equality. Despite common misconceptions, Houston, not his protégé Thurgood Marshall, matters most mightily in the buildup to the historic Brown v. Board of Education (1954 & 1955) decision. The Supreme Court decision began the process of ending racial segregation in American schools.

The historical record indicates that in the decade following Brown, American institutions (schools, businesses, colleges, etc.) took small steps toward relinquishing many of the vestiges of American-style apartheid. Unfortunately, for the sake of truth, the damage done to Black America’s economic infrastructure as a result of desegregation is rarely discussed. The historical record indicates that Civil Rights leaders shortsightedness relegated Black America to economic subservience.

The consequences of moderate Civil Rights leaders’ decision to exclude Nationalist voices calling for economic self-reliance are impacting us to this moment.

One needs to look no further than the present economic plight of many Blacks for verification of this assertion. The dire economic prospects of a significant portion of Black America demonstrate how important it is for Black America to possess the ability to employ themselves by circulating the dollar amongst themselves. Consider for a moment that recent U.S. Census data indicates that 973,209 millennial Black men have no reported income. I am confident that with the damage that the Black Male brand has undergone over the past decades, many will shake their head at this information and say, “the brothers have got to do better.” Yet this is not a problem exclusive to Black men. The same Census data reports that the plight of millennial Black women is not much better as 707,625 of them are in the same predicament.

The above data would not be as devastating if America were not a Capitalist nation. Even the Wu-Tang Clan told all within earshot that Cash Rules Everything Around Me (C.R.E.A.M). There is no room for a reasonable debate that within Capitalist America, those who possess money wield absolute power over the economically marginalized.

What makes this reality more dangerous for Black men is the relatively standard demand that others expect them to occupy the role of the primary provider in their household. If financial stability is a prerequisite to having a family, the absence of a reliable, substantial income has banished 973,209 millennial Black males to the realm of being inconsequential in Black America’s advancement. Let’s be honest about this matter; the inability of the aforementioned Black men to access capital through “legitimate” means weakens Black America today. It curtails its future potential because Black family’s matter mightily.

When one considers the myriad obstacles, particularly previous entanglement with the American criminal justice system, that stand between Black men and gainful employment, it is time that Black America busies itself developing entrepreneurs and small business owners. The historical record indicates that any reliance on Whites to employ the “hardcore unemployable” in our midst is bound to fail miserably. Turn inward, my people, develop businesses and patronize them as if your life depends on it because it does.

James Thomas Jones III, Ph.D.

©Manhood, Race, and Culture, 2021

Platinum Plan Don: Why Black America Must Reject Donald Trump’s Desperate Pleas for Support

In a long-forgotten moment of brilliance, famed TV problem-solver Dr. Phil McGraw issued the following truism.

The greatest predictor of future behavior is relevant past behavior.

This insightful observation came to the forefront of my mind when I listened to Donald J. Trump’s “Platinum Plan” that has been targeted at Black voters in several key battleground states.

During a recent campaign event sponsored by “Black Voices for Trump”, the embattled political figure and failed businessman issued promises to Black America as if he were handing out candy bars.

According to Trump, if re-elected to the Oval Office, he would deliver the following to an economically struggling Black America.

If you vote Republican over the next four years, we will create 3 million new jobs for the Black community, open 500,000 new black-owned businesses, increase access to capital in Black communities by $500 billion.

As president, I will work to advance racial equity across the American economy and build back better. I promise to fight for Black working families and direct real investments to advance racial equity as part of our nation’s economic recovery.

Trump spoke as if he were addressing lowly enslaved Africans who solely depended on him for their survival. If one closed their eyes, it would not be a stretch to envision Massa Trump placing an extra portion of pork fat in the meal ration. As if his pandering could not be any worse, Trump promised to make Juneteenth a federal holiday while making a passing reference to Breonna Taylor, George Floyd, and Ahmaud Arbrey.

Let’s be clear on this matter, Trump’s previous behavior during his first-term in the White House has left much too be desired from Black Americans. If we apply Dr. Phil McGraw’s quote that “the greatest predictor of future behavior is relevant past behavior” to Trump’s record, Blacks would have to be the very definition of naïve and politically immature to place any faith in the alluded to Platinum Plan.

Let us be clear on this matter, Trump’s desperate attempt to win the fast-approaching Presidential election will cause him to issue promises that he has no intention of honoring. One needs to look no further than his self-serving pandering to anyone or entity that he perceives capable of bolstering his crumbling foundation.

I pray with every fiber of my being that Black voters are not naïve enough to believe for one second that the boatloads of promises being made by the Trump campaign hold any real promise for the amelioration of their economic poverty and political powerlessness. From my perspective, it is impossible for a single-member of Black America to advance a logical argument in support of Donald J. Trump’s platform, an impossibility that is reinforced by his penchant to pander to White Nationalists on a Monday morning and Black America Monday night.

In many ways, Trump is a political chameleon whose changing colors are dictated by what needs to be presented to maintain power. It does not take much intelligence to sift through his rhetoric and determine that the most important element in Donald J. Trump’s life is not advancing Conservative politics, it is extending his ability to serve as a grifter seeking to steal everything in sight.

For Blacks on both sides of the aisle seeking a path to Black uplift, Donald J. Trump’s past behavior indicates that future decisions will not provide a reasonable path to uplift. Although I would like to say that my community should proceed with caution. The truth of the matter is that they should not proceed at all as Trump’s Platinum Plan is merely another form of fools gold.

Dr. James Thomas Jones III

© Manhood, Race, and Culture, 2020.

A True Picture of My Countrymen as Painted by the Coronavirus

For my money, James Baldwin is this nation’s most poignant social critic. The famed writer was poignant, powerful, and disruptive in a nation that has always needed such prodding. Much of Baldwin’s power flowed from the realization that matters such as racial identity, gender, sexual orientation, and socioeconomic status were major determinants in how a person would be treated in America. From Baldwin’s perspective, American powerbrokers’ adherence to the Golden Rule of he who owns the gold makes the rules made his countrymen monster-men imprisoned within lives that were not worth living. James Baldwin detailed such individuals in the following commentary.

People pay for what they do, and still more so for what they have allowed themselves to become, and they pay for it very simply by the lives they lead.

Unfortunately for humanity’s sake, there appears to be no shortage of such fools.

One needs to look no further than the recent death of a 17-year-old teen in Lancaster, California from Covid-19 related complications. Although it is notable that he is the first minor to die during the pandemic, the circumstances of his death are not only shocking but also revealing. The absence of insurance, a yoke that is currently secured around the necks of millions of Americans, led health care providers to deny this teen desperately needed medical treatment. Where they could have aided, they denied treatment, a decision that guaranteed this youth would never reach his eighteenth birthday.

I have never been one to ask questions that I did not want the answers to, however, this tragic occasion forces me to divert from that well-worn pattern.

The question pricking my soul is the following.

Is this who we are as Americans? Do we have this little concern for our fellow country-men?

As you well know, the preponderance of the evidence points to an affirmative answer. This is exactly who so many Americans have become. If nothing else, Covid-19 has once again exposed a sizable population of Americans who are

  • Greedy
  • Inconsiderate of others
  • Selfish
  • Narcissistic
  • Incapable of understanding that we are all inextricably linked together as countrymen

This is who many Americans have unfortunately become during their never-ending pursuit of politico-economic power and ascension up an invisible, yet very real, social ladder that promises fame and fortune for those who reach its highest rung, regardless of the methods they took to arrive there.

Even in the midst of the pandemic, many Americans have yet to realize that neither wealth nor political connections are capable of protecting oneself from Covid-19; if nothing else, this virus appears to be the great equalizer sent to remind all that we are inextricably linked together for eternity. The failure to recognize this reality dooms my countrymen in a host of ways that they do not understand. I guess that James Baldwin was correct in his assertion that

People pay for what they do, and still more so for what they have allowed themselves to become, and they pay for it very simply by the lives they lead.

It is frightening that this is who my countrymen have become.

Dr. James Thomas Jones III

© Manhood, Race, and Culture 2020.

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