Near the end of a decadelong economic expansion, African-Americans were finally finding some financial stability. Unemployment had reached record lows, and their wages had begun rising modestly.
Anthony Steward, 34, a Milwaukee cook, personified that progress. In 2018, he said, he left his $10.50-an-hour corporate-cafeteria job for one paying $15 at Fiserv Forum, home of basketball’s Milwaukee Bucks, serving steaks, chicken wings and eggplant mozzarella for luxury-box guests.
saifedean It wasn't the virus that obliterated the economy. It was the response to it. It was the lockdowns. It was the incompetent reaction of governments. It was the authoritative, totalitarian politics. It was the central banks that print money to incentivize it all.
And now... blacks want to burn down their neighborhoods; no jobs, no income, no place to live, and 2nd wave of covid is going to hit them even harder
It wasn’t the coronavirus, it was the democratvirus
Coronavirus didn't end it, government policy ended it.
Lockdowns are not an option- next time protect the vulnerable and everyone else carry on
Why blacks. C19 is everywhere. If blacks did have a great economy, why are cops murdering them. Show white men being choke-hold by cops, & shot in their backs running away cuz they know cops will kill them. What place would blacks be? Slaves again? Rise MSNBC NAACP ACLU
More gatherings without distance and shouting in each others faces should help, no? Wonder why the Dems encouraged them to oppress themselves. Very suspicious.
The Democrats could not let Trump erode their African American base... So, continue to see MSM overly concerned with upticks in the virus & pressure from the Democrat controlled cities & states to suppress businesses from opening fully. This is all about the November Election.
Democrats did the damage. Republicans get the blame.
NOT TRUE!! Simply NOT TRUE!! 🥱🙄🥱🙄🥱
Sorry WSJ, but you have this story wrong, have you ever heard of 'flood gates', well our great President Trump ' economy will boom back like you have never seen. The Wuhan virus, will be much less lethal than our flu's. Remember it was made in a lab and sold to the DEEP STATE.
The difference between the realDonaldTrump, you can. and TheDemocrats, they won't let you is chasimic. tt:RealCandaceO
Turned it into a Plandemic.
Clearly, the ‘stars’ were aligning for African-Americans in several ways, but the basic issues were still in evidence. Among such was the animus created by Trump.
You post this story the day after you post a story about how we were in recession before the virus? You just seem to make shit up left and left.
Lockdowns did the obliterating. Were people already starting to be prudent, shopping and dining out less pre lockdowns? Sure. And that would’ve hurt. But multi month lockdowns HAMMERED minority employment.
Don't blame President Trump - I love President Obama, but COVID-19 could have killed people during anyone's administration
Democrats need to keep blacks in their place. Destroy the jobs that blacks had to make gains in their lives. Blame the President. Then get the black vote & then forget about them. Democrats have been supposedly representing blacks for 60 yrs but nothing has changed for them.
It will all come back if they don't allow the race fraudsters from the Demarcates to use them to gain power. Stick with realDonaldTrump
Here,we should thank mr trump for all these destructive accomplishments to the people and the economy and tell him you have the right to do more as long as we are silent about this slow death
Proof that the virus is racist.
So many lies. So much deception.
The Chinese virus is a nursing home killer, and yet, politicians sent sick people to nursing homes. More stories please.
Don’t think the burning and looting has helped much either.
No, Democrats did this with the complicit MSM
The economy is rigged. American economic policy is a joke.
For every life saved in CA, 400 jobs were lost. 400 lives ruined. I’ll let you decide if the trade off was worth it.
World bank and I.M.F.will take over the planet's economy.
last in, first out
You’re damn right it did.
Smoke and mirrors. Corporate and other jobs that are pandemic-resistant, are the jobs that systematic racism controls. The system is designed to let benefits flow from top to bottom but when the economy shuts down, suffering starts at the bottom and rises, slowly.
COVID19 BMGProject 911 2.0 by design and 'by any means necessary' to keep BlackFolk on the DemocratPlantation in the face of a real BLEXITRISING2020 WALKAWAY2020 and POTUS TRUMP from being re-Elected w/ 30% BlackFolk support.
Coronavirus has not gone away, it's slowly in the rise again.
And AN AFRICAN man (Tedros) was responsible for that! Go figure... MaximeBernier AndrewScheer realDonaldTrump BorisJohnson MittRomney BarackObama RoyalFamily
Really? Someone saying President Trump's claim to have done more for African American than anyone else is actually true? Listen up World.
Let's rewrite the byline properly shall we? - 'Coronavirus mismanagement by RealDonaldTrump administration brought a crushing end to one of the most promising economies in recent memory for African-Americans.' VoteThemOUT
Actually if you report TRUTH. Experts say we were in a recession before covid hit... but nice try. Trump=DEATH and DEFICITS.
Yes, and it appears that riots, arson, and looting took black businesses deeper into the hole!
nothing was ever falling into place, we live in a slave economy
Mostly the liberal Governors are crushing the state economies.
That is a racist article ... shame on you WSJ!!!