Minority business increases under Trump

Discussion in 'Politics' started by task0778, Sep 12, 2018.

  1. task0778
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    task0778 Gold Member Gold Supporting Member Supporting Member

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    Black entrepreneurship has surged to historic levels under Trump. The small business financier Guidant Financial released a report on small business trends for black business owners, and the results are almost too incredible to believe. “Year over year, we saw a 400% increase in the number of African-American owned small businesses” the report reads.

    The report also found that 45% of all small business in the country was owned by minority groups this year. This is a massive increase from 2015 when the total percentage of small businesses owned by minorities was 15%. The largest minority group of small business owners were African American at 19%, followed by Hispanic at 14%, Asian at 8%, and Native American at 4%.

    The CEO of Guidant, David Nilssen, credited Trump’s policies for some of the shift. “Growth amongst all minorities including women is promising in America as small business ownership becomes more favorable and easier to attain. We anticipate and hope to see a continued increase as the impact of tax reform and economic growth shape on small business ownership moving forward.”

    me: not to mention much fewer regulations to comply with.

    Depressingly, this optimistic trend has not been covered in the mainstream media. You won’t learn about the surge in black-owned businesses in the Trump economy if you scroll over to CNN, MSNBC, CBS, the Associated Press, or even a financial news network like CNBC.

    They’re deliberately not paying attention, but those benefiting are. Overall, Trump’s approval is nearly perfectly split with 50% approving and 49% disapproving, and this reflects improving favorability. His biggest increase in support, however, has come from the black community. While 18% approved of Trump to some extent a year ago, today that figure has surged to 31%.

    It’s not hard to see why.

    Black American Support for Trump Is About to EXPLODE - Democrats Are Stunned!

    This is what happens when you switch from an anti-business president to a pro-business president. Do you remember when we were told the number of businesses closing down was greater than the number of new businesses starting up under Obama? No longer true my friends.

    Question: Why in God's name would anybody want to go back to having the liberal democrats in charge?
     
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  2. Penelope
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    Penelope Platinum Member

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  3. Golfing Gator
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    Golfing Gator Gold Member

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    This has been debunked like 9 times on this forum alone.
     
  4. g5000
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    g5000 Diamond Member

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    More fake news. There was not a 400% increase in black businesses. Guidant has withdrawn that claim.

    Black business ownership didn’t jump 400 percent this year

    This graphic said it relied on the same survey data, and it highlighted the African-American business owners in the pool. The methodology the companies provided did not break down respondents by race, only saying that minorities accounted for 47 percent of aspiring entrepreneurs who responded.

    PolitiFact contacted Guidant about the claim in the graphic on Aug. 21. Two days later, a new version of the graphic was posted, this time without any mention of a 400 percent increase.

    "We have found that the 400% statistic is being misrepresented in its context and therefore we have decided to pull that statistic from our info graph," public relations consultant for Guidant Stacia Kirby said in an email. "Our mission is to help people get started and funded in owning their own business."

     
  5. g5000
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    g5000 Diamond Member

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    There has been a recent upsurge of parroting rubes posting the same stories in bulk.

    We can expect much more fake news the closer the election gets.

    These guys are clearly all on the same Parroting Tard Newsfeed.

    "Copy and paste this as soon as possible! Do NOT engage critical thinking! GO!!!"
     
  6. Odium
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    Odium Gold Member

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  7. depotoo
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    depotoo Gold Member

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    This is an indicator it is. up, Sba lending to minority businesses
    E59F8989-1CB5-4231-980A-0FFBE3919BA2.png
     
  8. Golfing Gator
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    Golfing Gator Gold Member

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    They are all on the same talking points email chain. It seems they have been given instructions to spread out posting the stories so that they get posted again a week later and stay on top the message list
     

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