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Nearly 50% of Black Small Businesses Wiped Out [semi-satire]
Semi-News/Semi-Satire ^ | 16 August 2020 | John Semmens

Posted on 08/14/2020 7:59:27 PM PDT by John Semmens

According to a report issued by the New York Federal Reserve Bank, the lockdowns decreed by governors in response to the coronavirus pandemic drove nearly half of black-owned small businesses out of business. This was nearly three times the failure rate of white-owned small businesses.

Democratic presidential contender Joe Biden declared that "on the surface this might appear to be a bad thing, but a fuller understanding of what it means to be a small business owner shows that it is a good thing. No one has to work harder than the owner of a small business. Eighty-hour workweeks are the norm. The financial risk is off the charts. Bankruptcy is an all too common fate."

"We shouldn't be encouraging blacks to take on such a load for so little reward," Biden asserted. "That is why I'm supporting H.R. 2474: Protecting the Right to Organize Act. This bill discourages people from going into business for themselves when they should be joining unions to fight for higher wages. The idea of becoming self-employed is a dream, but the reality is a nightmare."

"Basically, a capitalist economy has two types of job classifications—workers and bosses," the former Vice-President alleged. "Workers are the doers of society. Bosses are scum who steal the workers' surplus labor to get rich. We must protect all those who are born into the working class from aspiring to join the exploiting class. These are the souls I'm fighting to save in this election. In the new economy that my administration will give to America the capitalistic bosses will be replaced by socially-conscious government overseers who will demolish the greed that pushes people to take on the arduous tasks and risks of owning and operating a business. All the common people will be united for the collective well-being of society and energized by the opportunity to labor for the common good rather than for the profit of the capitalist exploiters."

if you missed any of this week's other semi-news/semi-satire posts you can find them at...

https://www.freedomsphoenix.com/Opinion/288650-2020-08-14-semi-news-semi-satire-august-16-2020-edition.htm


TOPICS: Business/Economy; Government; Health/Medicine; Humor
KEYWORDS: bankruptcy; biden; blacks; capitalism; covid; satire; socialism

1 posted on 08/14/2020 7:59:27 PM PDT by John Semmens
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To: #1CTYankee; 12Gauge687; 14erClimb; 21twelve; 1raider1; 2nd Bn, 11th Mar; 3D-JOY; 43north; ...

ping


2 posted on 08/14/2020 8:01:13 PM PDT by John Semmens
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To: John Semmens

Damn, where we gunna be gotten haircuts and bbq now.


3 posted on 08/14/2020 8:05:11 PM PDT by cquiggy
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To: John Semmens

Wiping out black owned businesses is what the democrat party does best.

The legacy of the democrat party:
From yesterday’s Slavery, Segregation, and KKK Violence to today’s Welfare driven family destruction, Racism, Marxism, Drug culture, high taxes, and BLM Antifa violence. The democrat war against America and Freedom never stops.


4 posted on 08/14/2020 8:42:16 PM PDT by captain_dave
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To: John Semmens

John, this is a good one! It really sounds like something a senile old fool like Biden would really believe and accidentally let slip!

Well done!


5 posted on 08/15/2020 10:16:36 AM PDT by MeganC (There is nothing feminine about feminism.)
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