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To: SeekAndFind

Nothing new. I’ve known elderly blacks from decades back who have voted against the free ride crowd.


26 posted on 10/29/2014 10:49:13 AM PDT by bgill (CDC site, "we still do not know exactly how people are infected with Ebola")
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To: bgill

Black economist Thomas Sowell is about the same age as Grandma Joyce.

Here is what he remembers:

http://www.creators.com/conservative/thomas-sowell/minimum-wage-madness.html

EXCERPT:

“... the last year in which the black unemployment rate was lower than the white unemployment rate — 1930 — was also the last year when there was no federal minimum wage law. Inflation in the 1940s raised the pay of even unskilled workers above the minimum wage set in 1938. Economically, it was the same as if there were no minimum wage law by the late 1940s.

In 1948 the unemployment rate of black 16-year-old and 17-year-old males was 9.4 percent. This was a fraction of what it would become in even the most prosperous years from 1958 on, as the minimum wage was raised repeatedly to keep up with inflation.”

____________________________

So, these folks who lived through the times when blacks were actually CLIMBING THE LADDER OUT OF POVERTY also remembered when the whole positive trend REVERSED. It was LBJ’s War on Poverty.


27 posted on 10/29/2014 10:54:37 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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