The Briefing Room

General Category => Economy/Business => Topic started by: Frank Cannon on August 24, 2018, 03:04:05 pm

Title: Small Business Ownership Among Black Americans Jumps 400% Since Trump's Election
Post by: Frank Cannon on August 24, 2018, 03:04:05 pm

https://www.zerohedge.com/news/2018-08-22/small-business-ownership-among-black-americans-jumps-400-one-year (https://www.zerohedge.com/news/2018-08-22/small-business-ownership-among-black-americans-jumps-400-one-year)

Quote

As black unemployment remains at historic lows, The number of small businesses owned by African Americans in the United States has exploded by 400% year-over-year, according to a survey of more than 2,600 small business owners and entrepreneurs by Guidant Financial.

The survey reveals that in 2018, 45% of small business owners were minorities - up from just 15% three years ago, with the majority of them belonging to African American owners.

    Following African Americans, Hispanics were the next largest group of minority small business owners representing 14% of the business owners interviewed for the survey. Meanwhile, Asians made up 8% of the business owners surveyed while Native Americans made up 4%. -Small Business Trends

Looking more closely at the data, we find that the majority of black business owners are between 40-49 years of age, while the #1 state for the demographic is Texas, followed by Georgia, California, Florida and North Carolina.

Title: Re: Small Business Ownership Among Black Americans Jumps 400% Since Trump's Election
Post by: skeeter on August 24, 2018, 03:08:26 pm

This could be why the 'rats have given up trying to frighten black voters into turning out in November and are now putting all their eggs in the Mueller basket.

Title: Re: Small Business Ownership Among Black Americans Jumps 400% Since Trump's Election
Post by: guitar4jesus on August 24, 2018, 03:23:44 pm

Heh, ok, Comrade.... :whistle:

Quote

Craig Pirrong, professor at the Bauer College of Business writes that "I have frequently written that Zero Hedge has the MO of a Soviet agitprop operation, that it reliably peddles Russian propaganda: my first post on this, almost exactly three years ago, noted the parallels between Zero Hedge and Russia Today.

Title: Re: Small Business Ownership Among Black Americans Jumps 400% Since Trump's Election
Post by: To-Whose-Benefit? on August 28, 2018, 06:50:57 pm

Reminds me of Lincoln when he was getting complaints about Grant's drinking.

"Find out what brand he drinks and send my other generals a case."

Title: Re: Small Business Ownership Among Black Americans Jumps 400% Since Trump's Election
Post by: dfwgator on August 28, 2018, 06:54:36 pm

Quote from: guitar4jesus on August 24, 2018, 03:23:44 pm

Heh, ok, Comrade.... :whistle:

At least it isn't "Reader's Digest"....

(https://78.media.tumblr.com/c0a362df083db19a678c31dd8a7c99e3/tumblr_nm2ymisFhA1suwmgfo2_1280.jpg)

Title: Re: Small Business Ownership Among Black Americans Jumps 400% Since Trump's Election
Post by: guitar4jesus on August 28, 2018, 08:43:45 pm

Quote from: dfwgator on August 28, 2018, 06:54:36 pm

At least it isn't "Reader's Digest"....

(https://78.media.tumblr.com/c0a362df083db19a678c31dd8a7c99e3/tumblr_nm2ymisFhA1suwmgfo2_1280.jpg)

 000hehehehe