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BLACKONOMICS: The math and the “after-math” the confederate flag

BY JAMES CLINGMAN Now that the confederate flag has been taken down, complete with honor guard and pomp and circumstance, what are Black folks going to do now? Another question is, “What does the math of the aftermath look like?” Everything boils down to economics/business at some point, so let’s take a look at the past few weeks to see what has really taken place. After all the bluster, the tears, the rall ...

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50 years of economic futility

BY JAMES CLINGMAN During the 50-year period from 1963 (“I have a dream!”) to 2013, Black people have been on a virtual economic treadmill. Our relative economic position has not changed; our unemployment rate has consistently been twice as high as the White unemployment rate, which was 5 percent for Whites and 10.9 percent for Blacks in 1963. Today, it’s 6.6 percent for Whites and 12.6 percent for Blacks. O ...

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