In 2020, the United States will choose between ‘poverty or prosperity,’ says former presidential candidate

National Restaurant Association President and former African American presidential candidate Herman Cain said that’s what Americans will decide in the 2020 elections is not just a president, but they will choose between prosperity or poverty.

In an opinion article published in The Western Journal, Cain reviewed the policies implemented by President Donald Trump since the beginning of his term that have resulted in historical economic data for the United States.

“For generations, our community has been fed empty promises by Democratic candidates who pledged to fight for minorities and help the African American community, only to ignore us after rising to power,” Cain said in his article.

However, according to the politician and activist, President Trump’s attitude was totally different, “President Trump made it a priority to put the American people first from day one, and the results have been nothing short of astonishing.”

Deregulation

Cain pointed out how the drastic reduction of regulations “that once smothered American business with red tape under President Obama, for instance, he unleashed a surge of job creation that has sent the unemployment rate to a 50-year low.”

Tax cut

In December 2017, the Trump administration enacted the Tax Cuts and Job Act (TCJA), the most significant tax code revision in more than three decades.

The regulation includes a series of tax cuts that, applied to both individual and corporate income, have resulted in savings for middle-class U.S. families an average of $2,917 per year, the journalist said.

Opportunity zones

In addition to tax cuts, Cain pointed to the Opportunity Zones program the president undertook across the country to stimulate economic growth in disadvantaged areas across the United States.

The program provides tax breaks and incentives for companies to set up in economically distressed areas or communities.

Estimates, according to Cain, point to a $100 billion increase in private sector investment that will create thousands of new jobs and increased business volume for small  businesses.

Fall in minority unemployment

Many of these measures explained above have had a tremendously positive effect on minorities suffering unemployment and marginalization, such as African Americans.

Thus, under the Trump administration, unemployment in this community has reached the lowest level ever recorded, 5.5%, after more than 1 million new jobs were created for the African American community, thus reducing the gap between whites and blacks to an all-time low.

Criminal justice reform

Another measure that the Trump administration has begun to implement is the First Step Act, a rule that seeks to reduce recidivism by improving prison conditions to prepare offenders to integrate into society upon release.

In addition, law reform sentencing guidelines that sometimes fall disproportionately on minorities and nonviolent drug misdemeanors, establishing early release credits for good behavior.

“Sadly, every single one of these policies would be on the chopping block if Democrats win the White House in 2020—which would mean obliterating our newfound economic prosperity and raising taxes by trillions of dollars to fund big-government boondoggles such as the Green New Deal and “Medicare for All,”” said Cain.

“I’m a proud member of the Black Voices for Trump coalition because I want to avoid the terrible fate that Democrats have in store for America,” he continued.

“A choice between poverty and prosperity isn’t a difficult choice at all—and a vote for President Trump is a vote to prolong our current prosperity for at least another four years,” he concluded.

2019-11-19T17:30:13-05:00

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source : thebl.com
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