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Unemployment Rate Falling
But Not for African Americans
Bush and Democrats Differ Over How to Stimulate Jobs
By Hazel Trice Edney
NNPA Washington Correspondent
WASHINGTON, DC (NNPA) President Bush and some economists say
the most recent figures collected by the Bureau of Labor Statistics
showing the overall unemployment rate falling by one-tenth to 6 percent
in October is further proof that the U.S. economy is on the rebound.
In his weekly radio address on Saturday, Bush observed, Manufacturers
reported that orders and shipments are both rising, Bush said.
Americas economy is getting stronger every day.
While Americas economy may be showing some signs of growth, Bush
did not refer to another part of the report that showed the black unemployment
rate rose by three tenths, from 11.2 percent to 11.5 percent over that
same period.
Officially, 8.8 million people are out of work in the U.S., including
1.9 million African Americans. And while President Bush takes solace
in the latest indicators, the nine Democrats eager to challenge Bush
in next falls elections have made job creation a top issue in
their campaigns.
This president is a miserable failure on foreign policy and on
the economy, and hes got to be replaced, Rep. Dick Gephardt
of Missouri repeated during one debate in Albuquerque, N.M.
On his website, DickGephardt2004.com, the former House Majority Leader
says, America has lost 3.3 million jobs since Bush took office.
He notes, As president, [I] will work to provide economic opportunity
for all Americans, support affirmative action programs.
Bush opponents frequently attack his latest round of tax breaks as they
advance their proposals for improving the economy.
Instead of giving tax breaks to companies that move their headquarters
overseas, we should offer tax incentives for companies to manufacture
here in America, Sen. John Edwards of North Carolina says on his
site, JohnEdwards2004.com. We should be exporting American products,
not American jobs.
Retired Gen. Wesley Clark of Little Rock, Ark., gets more specific.
Wes Clark proposes to provide $20 billion over the next two years
in business tax incentives to create American jobs, including in the
manufacturing sector, he says on Clark04.com. He also wants to
invest $40 billion over two years in expanding Homeland Security; thus
increasing job growth in fire fighting, policing, medical services,
rescue working and information technology.
As has been the case under both Republican and Democratic presidents,
the black unemployment rate is more than double that of whites. The
average white unemployment rate for the year has been 5.2 percent while
the average black rate has been 10.9 percent.
And that particularly concerns another candidate, Al Sharpton.
If we do not create jobs, we can have all of the recovery we
want in production, we are not going to have consumers to buy it,
the activist said in a September debate at Pace University in New York.
Sharpton, whose website is Al2004.org, proposes a $250 billion plan
to create jobs by investing in the redevelopment of Americas infrastructure,
including $50 billion a year to rebuild highways, roadways, tunnels,
schools and bridges.
Rep. Dennis J. Kucinich of Ohio is concerned about the water that flows
below the bridges.
In a study completed by the Water Infrastructure Network, it would
take $1.3 trillion over 20 years to build, operate and maintain drinking
water and wastewater facilities, he says on his website, Kucinich.us.
What America needs is a way to put unemployed Americans to work
rebuilding Americas neglected infrastructure.
When Bush was elected in November 2000, the unemployment rate was 4
percent overall; 3.5 percent for whites and 7.3 percent for African
Americans. Though that rate for blacks was still twice as high as that
for whites, it represented the lowest black unemployment rate since
the Department of Labor started compiling statistics for African Americans
in 1972.
Connecticut Sen. Joseph Lieberman says race-consciousness must become
a key element in expanding the winners circle.
His Joe2004.com touts that he has voted against GOP efforts to
end affirmative action, and
helped draft the 1996 welfare reform
law that moved millions of people from the dependency of welfare to
the dignity of work. He also describes himself as a long-time
leader in creating and expanding enterprise zones to attract businesses
and jobs to urban areas.
Former Illinois Sen. Carol Moseley Braun, whose website is Carolforpresident.com,
proposes a plan for investing in human beings, such as paying for health
care so that small businesses wont have to carry that burden.
If you invest in the masses of the people, you can create jobs
and create the kind of stimulus for the economy that will give prosperity
to everybody, Braun stated at the Albuquerque debate. Congress
has passed a $350 billion tax cut over five years, less than half of
the $726 billion that Bush had proposed. Instead of stimulating the
economy, as the president argues, Democrats complain the tax breaks
will mostly benefit the rich.
Repeal the Bush tax cuts, and use those funds to pay for universal
health care, homeland security and investments in job creation that
benefit all Americans, says former Vermont Gov. Howard Dean at
DeanforAmerica.com. Massachusetts Sen. John Kerry does not object to
tax breaks, but the way they were distributed.
Kerry promises to be a president who will provide middle-class
payroll tax relief to get money in the pockets of workers who will spend
it, not more tax giveaways for those at the top to stimulate the economy
in [popular tax havens] the Cayman Islands and Bermuda.
On JohnKerry.com, he promises to replace all jobs lost in the first
500 days of his administration by establishing an energy independence
program that would create 500,000 energy sector jobs. He also wants
tax credits for families with college students, a plan that he says
will ultimately help create quality employment and employees.
Kerry resolves: I think its time we had a president who
will provide the only real economic security: good jobs.
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