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The Economic Fallout From COVID-19
Townhall.com ^ | August 29, 2020 | Stephen Strang

Posted on 08/29/2020 5:40:42 AM PDT by Kaslin

In March, just as the country was shutting down due to COVID-19, the overwhelming surge in unemployment filings came as a hard pill to swallow for our nation. With companies of all sizes hit by the fallout from COVID-19, many Americans began scrambling for their next paychecks. As with all historical economic slumps, minorities and young workers experienced a significant impact.

recent report by Moody’s Analytics chief economist Mark Zandi identified the hardest-hit industries. These include “leisure and hospitality (16.9 million people), transportation (5.7 million), employment services (3.7 million), mining (662,000), and travel arrangements (222,000).” Because 17.6 percent of Hispanic workers and 16.8 percent of African American workers are in these areas, compared with 12.5 percent of non-Hispanic white workers, experts anticipate that Hispanic and black Americans will lose jobs at higher rates during a coronavirus-led recession than other groups.

Up to this point, the Trump administration has been able to maintain the lowest black American unemployment rates in history. In February the Department of Labor reported a rate of 5.8 percent.

Will the great strides President Trump has made with the black community be lost because of this current situation? In God, Trump, and the 2020 Election I discuss why the president could lose in 2020, but a virus was never in the mix—until now.

The coronavirus came just as the black community was beginning to look at Trump differently due to his success in bringing benefits their way that the Democrats have never delivered.

Most black voters continue to follow Democratic Party lines—although something strange happened in the 2016 election. Though only 8 percent of black Americans voted for Trump, many stayed home rather than voting for Hillary Clinton. The New York Times found that 4.4 million Obama voters stayed home on Election Day, and more than a third of those no-shows—1.6 million—were black Americans.

Despite Trump’s efforts to reach out to the black community and create economic opportunities for all Americans, an NBC News/Wall Street Journal poll from February 2020 found that a mere 14 percent of black voters have a positive view of the president. But the Trump campaign sees an opportunity to make the case that Democrats have taken black voters for granted.

Will the great strides President Trump has made with the black community be lost because of this current situation? In God, Trump, and the 2020 Election I discuss why the president could lose in 2020, but a virus was never in the mix—until now.

The coronavirus came just as the black community was beginning to look at Trump differently due to his success in bringing benefits their way that the Democrats have never delivered.

Most black voters continue to follow Democratic Party lines—although something strange happened in the 2016 election. Though only 8 percent of black Americans voted for Trump, many stayed home rather than voting for Hillary Clinton. The New York Times found that 4.4 million Obama voters stayed home on Election Day, and more than a third of those no-shows—1.6 million—were black Americans.

Despite Trump’s efforts to reach out to the black community and create economic opportunities for all Americans, an NBC News/Wall Street Journal poll from February 2020 found that a mere 14 percent of black voters have a positive view of the president. But the Trump campaign sees an opportunity to make the case that Democrats have taken black voters for granted.


Stephen E. Strang is an award-winning journalist, Charisma founder and author of the best-seller “God and Donald Trump.” This content was excerpted from his new book, “God, Trump, and COVID-19.



TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events
KEYWORDS: blackamericans; coronavirus; covid19; economy; jobsandeconomy; shutdown

1 posted on 08/29/2020 5:40:42 AM PDT by Kaslin
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To: Kaslin

I might say that would be something to worry about if it weren’t for antifa democrats burning down black owned businesses like the klan every night on TV.


2 posted on 08/29/2020 6:31:07 AM PDT by seowulf
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To: seowulf

Trump should make your statement into an ad. It is brilliant!!


3 posted on 08/29/2020 6:34:07 AM PDT by sheikdetailfeather
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To: Kaslin

Just viewed Rep. Tim Ryan on Fox giving a sophomoric explanation about Covid 19 and President Trump. Is this clown the best Ohio has to offer????????????What a fool!!!!


4 posted on 08/29/2020 7:46:13 AM PDT by chopperk (L)
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To: Kaslin

Simple solution to the pandemic,,,,Make HCQ and Azithromycin OTC drugs so anyone who develops a cough and/or fever can go the nearest drug store and self medicate with the drugs along with Zinc Sulfate with correct dosage within 48 hours of symptoms and pandemic over.,,,,,instead of waiting a few days to get tested and 5 days for the results,,,,if over 60 years of age,,,,you’re dead.


5 posted on 08/29/2020 7:46:33 AM PDT by chopperk (L)
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To: Kaslin

Put up high tariffs. The US consumer market is closed until further notice. We need to keep our money here.


6 posted on 08/29/2020 7:49:32 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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