The national Black unemployment rate has dropped to a record low, according to the jobs report for May that was released Friday. However, the reasons why fewer Black people, and Americans overall, were seeking unemployment benefits were debatable.
The president was, of course, misleading the public and happily taking credit for the steady progress being made among the country’s workforce [while at the same time violating rules]. But former President Barack Obama would beg to differ with Donald Trump‘s professed role with the economy, according to a new book written by a senior adviser to the 44th president that was reviewed by New York Times.
“I’ve got the economy set up well for him,” Obama said of Trump days after the 2016 election, Benjamin J. Rhodes wrote in “The World as It Is,” a memoir which is set for release on Tuesday.
Obama continued, talking cautiously about the consequences for the American public with Trump steering the ship: “They can just have a cartoon.”
Those words that were reportedly uttered by Obama nearly two years ago have seemingly proven prophetic in at least two ways:
- The national unemployment rate fell to 3.8 percent and Black unemployment plunging to 5.9 percent, the lowest rate on record for African-American workers, according to the Bureau of Labor Statistics.
- Not only has the economy continued to thrive from the hard work Obama put in to reverse the downward spiral he inherited in 2009, his successor has indeed proven to be as surreal and, at times, clownish as a cartoon.
The Black unemployment rate has dropped nearly two full percentage points since the beginning of the year, with Trump insisting how great he is for African-Americans with the release of each month’s jobs report.
But while more jobs — or fewer unemployment claims, depending on how you want to look at it — is never a bad thing, Trump’s presidency has seen a barrage of damaging policies inflicted on African-Americans, including and especially those having to do with the environment, education and immigration.
Happy Birthday, Barack Obama: Photos That Will Make You Miss Your Favorite President
1. Barack Gives Daughter Malia a KissSource:Getty 1 of 29
2. Michelle and Barack tell the kids a storySource:Getty 2 of 29
3. Michelle and Barack KissSource:Getty 3 of 29
4. Michelle and BarackSource:Getty 4 of 29
5. First Family PortraitSource:Getty 5 of 29
6. Two TermsSource:Getty 6 of 29
7. Michelle and Barack host a State DinnerSource:Getty 7 of 29
8. Barack Obama and Michelle ObamaSource:Getty 8 of 29
9. Sunday ChurchSource:Getty 9 of 29
10. Barack Obama and his daughter Malia ObamaSource:Getty 10 of 29
11. A Family AffairSource:Getty 11 of 29
12. Flashback To The Old DaysSource:Pete Souza 12 of 29
13. Happy Birthday!Source:Getty 13 of 29
14. Candidly AwesomeSource:Pete Souza 14 of 29
15. Historic First FamilySource:Getty 15 of 29
16. Ice Cream TreatSource:Getty 16 of 29
17. TV TimeSource:Pete Souza 17 of 29
18. Hawaii Trip!Source:Getty 18 of 29
19. Obama Loves Team USA & His WifeSource:Getty 19 of 29
20. Reading TimeSource:Pete Souza 20 of 29
21. Family SupportSource:Getty 21 of 29
22. Supporting MomSource:Pete Souza 22 of 29
23. Giving Back On MLK DaySource:Getty 23 of 29
24. Obamas Give Back To The CommunitySource:Getty 24 of 29
25. Always Supporting Small BusinessesSource:Getty 25 of 29
26. Obama SwaggerSource:Getty 26 of 29
27. Laughs & TurkeysSource:Getty 27 of 29
28. Christmas With The ObamasSource:Getty 28 of 29
29. 50th Anniversary Of March On SelmaSource:Pete Souza 29 of 29
The Economy Was ‘Set Up Well’ For Trump, Obama Says In New Book As Black Unemployment Plunges was originally published on newsone.com