More 4-D chess!
As someone else pointed out, there are just under 40 million blacks in America. Doing some basic math, that works out to about $12,500 for every black man, woman and child in America. But it isn't reparations because we don't call it reparations. Initially I said this was a backdoor reparation scheme but someone pointed out there is nothing backdoor about this, rather this is the equivalent of black America kicking in the front door of White America and screaming "Pay up honky" holding a Glock sideways while Trump claps in the background.
According to Fox News:
The president’s plan, according to the campaign, will increase access to capital in Black communities by almost $500 billion, help to create 500,000 new Black-owned businesses, and help to create 3 million new jobs for the Black community.
It makes it sound like the government can create a black owned business and that blacks don't already have access to capital. As a former banker I can tell you unequivocally that they have the same access as Whites, Asians and mestizos provided they are credit worthy.
As usual, the deeper you dig in and get past the rhetoric, the worse it is.
From the press release:
Getting a loan is not hard: have the income to support the additional debt and a reasonable history of repaying your existing debt. I often told customers this when I was a banker: the bank doesn't want your house or car. They want their money back with the interest you agreed to. That is how they make money, not by foreclosing on houses or repossessing cars. For some reason, encouraging blacks to follow the very basic guideline of not borrowing more than you can afford and paying back the debt you agreed to is entirely unreasonable.
Trump is also promising 3 million new black jobs. How is he going to do that when 3 million jobs would be jobs for almost 10% of the black community?
This is a giant handout to blacks with tax cuts that are apparently targeted only at black owned businesses and infrastructure money that likewise will be directed to black owned contractors. It won't matter who can do the best job for the best price, now White owned businesses will be pushed aside so black businesses can get contracts but you can be sure those White business owners will still be expected to pay their "fair share" in taxes.
Here is a baffling one:
In what way is this not already the case for "black churches"? I guess "White churches" don't have poor people they minister to, even though every food pantry I know of is at a predominantly White church. Do we really want churches being treated disparately based on whether they are considered "black churches" versus "White churches"? What about predominantly mestizo churches or Asian churches? Not to mention that once again, White evangelicals are Trump's most loyal supporters and black churches are typically hotbeds of leftist ideology who criticize Trump and Republicans in general incessantly (although no one threatens their tax exempt status like White churches). Of course there is also a First Amendment issue if the government gives tax dollars to black churches based on the racial make-up of their congregation.
Oh. How are we going to do that, except by making preferential purchasing decisions for Federal contracts, something specifically mentioned, and by changing the playing field to give black businsses an advantage. The critical thing to remember here is that when the Federal government gives black businesses an advantage it must do so by making it more difficult for White, Asian, Jewish, mestizo, whatever businesses.
In the mythical "free market", if a black guy opens a business making widgets and a White guy also opens a business making widgets, all else being equal, the one who is better at making and selling widgets will succeed and the other will fail. Assuming a limited demand for widgets means that not everyone creating a business to make them will succeed. America is littered with failed businesses. Sometimes people are crappy at running a business, or the market changes or the economy gets torpedoed by a "pandemic".
Again, in the mythical free market business is not a zero sum game but in reality it often is. If the government wants a new bridge built to replace an old one, they only need one bridge so only one contractor (or more likely a group of contractors working together) is going to get the job. If a black contractor gets the job because he is black, that means that it is likely that a White contractor won't get the job because he is White.
A real life example. My wife's family is friends with a guy who has a construction business. They used to do a lot of government work for lucrative projects. The crew running it was all men and the guy who actually ran the company was a dude but the company was technically owned by his wife even though to my knowledge she had nothing to do with the company. Why was she the "owner"? Because being owned by a woman makes it easier to get government contracts. There are programs for minority and female small business owners, programs for minority and female farmers, on and on. The only people who don't get any special programs and who therefore have to be not just good at what they do on their own merit but have to be significantly better to make up for everyone but them getting preferential treatment?
Yes, yes, there are the endless canards and slogans about White men having all the institutional advantages and maybe 50 years ago that was true but however true it once was, it isn't anymore. Today the full weight of the government, corporate America, organized religion, the entertainment and sports world and academia is firmly against White men, the very people who created all of those institutions in the first place. If that isn't bad enough, now the guy who is endlessly accused of being a "White supremacist" is promising to give away $500 billion dollars to the black community. Worst. Fascist. Ever.
Oh yeah, and to add insult to injury:
The president’s plan also vows to make Juneteenth a national holiday.
A couple of years ago no one had heard of Juneteenth, not even most black people. Now there is talk of making it a freaking national holiday? Are we going to just add a Federal holiday to the calendar or will an old Federal holiday have to go to make room? The level of pandering is off the charts.
In summary, Trump is promising half a trillion dollars aimed specifically at around 13% of the population. Where would this magical pot of totally not reparations come from?
Why, the money will come from tax revenue generated by Trump's supporters to bribe people who won't vote for Trump anyway!
Dude, that is more like 16-D Chess. Trump is a master political strategist!
This won't move the needle for Trump on black voters, and certainly not enough to offset pissing off more of his voters. Blacks have been hearing empty promises of more and more money from the Democrats for decades and they know it is all bullshit.
That doesn't mean it won't have an impact because it certainly will. Here we have the "fascist White supremacist" President of the United States openly embracing race-based payouts benefiting blacks at the expense of Whites. I doubt he understands what he has done here because honestly Trump isn't all that clever and is still, four years into his presidency, woefully naive about how politics works but this is a massive gift for the race hustling Left. If Trump of all people approves of the philosophy of "justice" meaning taking from Whites to give to blacks, then all that remains is negotiating over just how much can be looted from White America.
Trump has unilaterally surrendered this point on behalf of all of us.
Now the left gets to negotiate with itself on dividing up the fruits of White labor. Thanks Trump! What is worse is the number of "conservatives" who applaud this in the desperate hope that a handful of blacks will agree to vote for Trump to soothe the collective conscience of White conservatives that are terrified of being called racist. How much money will it cost middle and working class Whites to bribe a few black voters?
He couldn't even just name antifa a terror organization in a year when antifa is rampaging through our cities committing widespread acts of violence and billions in property damage. He doesn't even mention the domestic terrorists in black Lives Matter who are indistinguishable from the Marxist agitators in antifa. Instead he brings up the KKK and promises to make lynching a national hate crime. Lynching someone is murder which is already illegal in every state and no one has been actually lynched for decades, Jussie Smollett's near miss not withstanding. The Klan is a shadow of what it was 75 years ago, comprising a handful of people who can't even hold a tiny rally and most of the people in the Klan are Feds anyway. When was the last time someone who was legitimately associated with the KKK actually harmed in real life a real black person? Meanwhile antifa operates with impunity across the country and with the open support of many local governments. Conflating an actual Marxist terror group with a boogeyman from the middle of the last century is the sort of idiocy that has marked the Trump administration from day one.
I have tried to give Trump the benefit of the doubt but with this latest fiasco I can only conclude Trump is mostly a dolt. He has been played for a chump by Schumer and Pelosi for his entire administration. He constantly hires terrible people to work in his administration, they back-stab him and then he fires them and calls them incompetent, never seeming to realize that he is the one who keeps hiring all of these incompetent people in the first place. As a hiring manager, if I hired someone who was late for the interview and seemed disinterested while we spoke, it is my fault when the employee is constantly late and lackadaisical at their job.
Trump is giving away the store here and getting absolutely nothing in return. He won't get more black votes, he won't get praised by black clergy and "community activists". He won't be in a stronger position to negotiate something for his voter base. Nope, he just cedes the moral objection to a race based hierarchy of preferences from the Federal government, cramming yet another indignity down the throats of his supporters and getting bupkis in return.
He has gone past being simply useless for anything other than amusement and trolling and is now causing more harm than good. I don't think it is malicious, I just think he is incompetent, over his head and too vain to recognize it.
In spite of all of that, I still am going to vote for Trump. My reasons in an upcoming post.