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Faces of disturbing trend: Minority-owned businesses at greater risk of going under during coronavirus pandemic
Cleveland.com ^ | June 13, 2020 | Peter Krouse

Posted on 06/13/2020 3:52:03 PM PDT by CheshireTheCat

Pecola Pointer owned the On Point Salon in downtown Cleveland for nine years - seven on St. Clair Avenue and the last two in the Halle Building on Euclid Avenue - before lack of business forced her to close in May.

That makes the 58-year-old African American stylist a statistic in what a recent study out of California has found to be the alarming demise of black-owned businesses during the coronavirus pandemic

A University of California at Santa Cruz professor found that 41 percent of black-owned businesses and 32 percent of Latinx businesses in the United States went under from February to mid-April, when governments shut down businesses and issued stay-at-home orders. That compares to 22 percent for all businesses.

A lot of minority business owners are also in industries hit hard by the economic disruption caused by the pandemic, including construction, restaurants, hotels and transportation, the report states.

(Excerpt) Read more at cleveland.com ...


TOPICS: Business/Economy
KEYWORDS: coronavirus; economy; lockdown; shutdown
Any of your friends who might be thinking of contributing to BLM should be pointed to this article. They should be challenged to contribute instead to some bona fide, good pro free market charity that supports grants to minority owned businesses.

I don't know of any such charities off the top of my head, but I'm sure they exist.

1 posted on 06/13/2020 3:52:03 PM PDT by CheshireTheCat
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To: CheshireTheCat

This is sad.


2 posted on 06/13/2020 3:56:59 PM PDT by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't wait. Do it today.)
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To: CheshireTheCat

Petty tyrants in the Democrat Party have had the harshest hand in destroying the economy this way. Let everyone know that they bear the blame.


3 posted on 06/13/2020 3:58:08 PM PDT by BenLurkin (The above is not a statement of And justfact. It is either opinion or satire. Or both.)
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To: CheshireTheCat
LibTaint Newspaper Headline"

WORLD ENDS TOMORROW!

Women and Minorities Hardest Hit

4 posted on 06/13/2020 3:58:57 PM PDT by Feckless (The US Gubbmint / This Tagline CENSORED by FR \ IrOnic, ain't it?)
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To: CheshireTheCat

How about going out business due to looting and rioting?


5 posted on 06/13/2020 4:05:33 PM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: CheshireTheCat

And being looted and burned.


6 posted on 06/13/2020 4:08:14 PM PDT by SkyDancer (~ Pilots: Looking Down On People Since 1903 ~)
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To: CheshireTheCat

They report this like it’s news and was completely unforeseeable. The media is a huge part of the problem.


7 posted on 06/13/2020 4:19:46 PM PDT by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: 2banana
How about going out business due to looting and rioting?

Or maybe because of failed democrat policies. But then again, the looting and rioting are also a result of failed democrat policies.

8 posted on 06/13/2020 4:32:18 PM PDT by TwelveOfTwenty (Prayers for our country and President Trump)
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To: Pajamajan

I guess Black lives really don’t matter to Black Lives Matter.


9 posted on 06/13/2020 4:41:28 PM PDT by richardtavor
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To: CheshireTheCat

This was known going in to the game, and yes it is by design and planned. They Need us for their daily bread now, we will get their votes.


10 posted on 06/13/2020 4:50:24 PM PDT by eyeamok
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To: 2banana

That’s coming up next


11 posted on 06/13/2020 4:52:44 PM PDT by A_Former_Democrat (See St George's Rap Sheet . . . TAG PedoJoe with "DEFUND the POLICE")
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To: CheshireTheCat

Is there any “bad” thing that studies don’t indicate “affects people of color most?”

Head on down to your local discount WIC-friendly supermarket.

See who’s wearing masks.

Divide ‘em by race just like the fancy academics do.

Then ask yourself “why coronavirus is ‘impacting’ African Americans the most.”

I’d do the numbers myself, if I gave a rat’s ass.


12 posted on 06/13/2020 5:05:30 PM PDT by golux
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To: eyeamok

Wait, are you saying that Trump planned the coronavirus scare and shutdowns?


13 posted on 06/13/2020 5:42:45 PM PDT by CheshireTheCat ("Forgetting pain is convenient.Remembering it agonizing.But recovering truth is worth the suffering")
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To: CheshireTheCat

Too darned many small business lost their income stream, ate up their seed corn in an effort to feed their family, and now have nothing to rebuild with


14 posted on 06/13/2020 5:55:21 PM PDT by Oscar in Batangas ( January 20, 2017, High Noon. The end of an error.)
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To: CheshireTheCat

Latest dreck I have heard was that minority owned businesses are part of “acting white”, “being a race traitor”. This goes beyond the Stalinists killing the kulaks, this is Maoist struggle session stuff.

Historically I think Mao was looking to outdo the brutality of Stalin.


15 posted on 06/13/2020 7:30:28 PM PDT by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: CheshireTheCat
This libertarian charity provides free legal defense for black hair braiders whose businesses are being harassed by excessive government regulations:

https://ij.org/issues/economic-liberty/braiding/

16 posted on 06/13/2020 8:24:51 PM PDT by grundle
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To: Fred Hayek

Republicans, Trump, and conservatives should stand up for the rights of MINORITY businesses to free of “fear of extortion, violent, arson, robberies and murder”.

We must stand with the decent, hardworking people of America, those who help fed, clothes, repair things, and other honest job-holders, regardless of race, religion, etc.

That is how American should be, not what the Democrats and their Marxist/Anarchist/Black Extremists are aiming for, a totalitarian racist state.


17 posted on 06/13/2020 11:24:18 PM PDT by MadMax, the Grinning Reaper (??)
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To: richardtavor

>> I guess Black lives really don’t matter to Black Lives Matter.

Yup, BLM is a Marxist front.


18 posted on 06/13/2020 11:32:48 PM PDT by Gene Eric ( Don't be a statist!)
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To: CheshireTheCat
They should be challenged to contribute instead to some bona fide, good pro free market charity that supports grants to minority owned businesses.

Interesting. I've watch local news in the Bay Area of CA doing long segments about "supporting black-owned small businesses."

Um. What is next? Black Businesses Matter---to the exclusion of all others?

19 posted on 06/13/2020 11:40:13 PM PDT by KJC1
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