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Exclusive: Black Americans For A Better Future wary of Senate GOP’s tax bill

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Members of Black Americans For A Better Future told Big League Politics that they are happy President Donald J. Trump’s support of tax reform, the bill in the House, but concerned about what version that passed the Senate.

“I consider this administration to be about promises made, and promises kept,” said Raynard Jackson, chairman of the BAFABF.

“We know we can’t get anything done unless we are at the table,” Jackson said.

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“Members of the Trump administration are getting called racist, but after numerous administrations ignored us, Trump’s is the only administration helping my group get to the table,” he said.

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The House bill passed Nov. 16, with 227 Republicans voting for its passage and no Democrats.

Rep. Cathy McMorris Rodgers (R.-Wash.), the chairwoman of the House Republican Conference, she the House had made history.

“This is a historic moment. It’s been 31 years since the tax code was fundamentally reformed,” she said.

“We’re looking out for middle class families who deserve the same chance as everyone else to get ahead,” she said.

“The hardworking men and women of America deserve a tax code that puts them first,” the congresswoman said. “We’ve created a plan that rewards hard work, encourages innovation and entrepreneurship, and levels the playing field so that everyone plays by the same rules.”

In early October, Jackson’s group presented a white paper titled: “Black Entrepreneurs Keys to Economic Improvement 2017,” to McMorris Rodgers and Stephen K. Bannon, Trump’s former chief White House strategist and now the executive chairman of Breitbart News.

The group’s research showed that access to capital was a problem due to diminishing numbers of community banks, Jackson said.

Bannon told a private group at a Nov. 2 meeting in South Carolina: “Minority entrepreneurs are the biggest customers of community banks and you know why they didn’t get recapitalized? Because nobody cares. When it comes time to make the deals, you’re not in the room.”

Jackson’s group appeared on Capitol Hill Oct.25, along with Rodgers, chairwoman of the House GOP conference, at a conference called the Faces of Tax Reform.

“I pray the Senate will finally hear our message.  Obama didn’t do this much for us,” Jackson said.  In 2008, President Barack H. Obama ran on a platform of assisting the black community getting assistance with small business in urban areas.

Kenneth McClenton, president of The Exceptional Conservative Network and member of Jackson’s group, said he has been involved in the process from the white paper to Capitol Hill, told Big League Politics: “President Trump’s administration is keeping their promises to us.”

Yet, McClenton said he is concerned about the bill in the Senate. “In truth, I believe that the Senate will sabotage the bill to surrender Congress to the Democrats.”

He is especially worried about Sen. Susan M. Collins (R.-Maine), Sen. Lisa A. Murkowski (R.-Alaska) and Sen. John S. McCain III (R.-Ariz.), because he suspects they will betray the voters, he said.

“The Senate’s resistance to the Trump agenda puts at risk economic growth and individual prosperity,” he said.

 

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Big League Economics

BACK TO WORK: Ford Motors Announces They Intend to Begin Reopening Plants on Apr. 6

Ford does not want to suspend production for months because of coronavirus.

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Ford Motor Co. announced on Thursday that they intend to begin reopening some of their plants on Apr. 6, as the iconic automaker hopes that the coronavirus pandemic will not sideline their business for long.

Ford said last week that they would be suspending all production at their facilities indefinitely. They made the decision along with General Motors and Fiat Chrysler Automobiles with union workers spooked because of potential exposure to the coronavirus.

While Ford wants to resume their operations as quickly as possible, their plans are not written in stone. They could re-evaluate their time frame if the coronavirus pandemic worsens over the next ten days.

“We will continue to assess public health conditions as well as supplier readiness and will adjust plans if necessary,” Kumar Galhotra, Ford’s president of North America, said in a statement.

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GM and Chrysler have not issued any possible schedule for resuming operations at the present time. If all goes according to plan, Ford will re-open the Hermosillo Assembly Plant on Apr. 6 for one shift. It would then open many more facilities across the country on Apr. 14.

The other corporate titans of Motor City may be skittish about reopening because of Michigan Gov. Gretchen Whitmer’s draconian restrictions on industry. Whitmer has issued an edict forcing all supposedly non-essential businesses to shutter until Apr. 13.

“The current trajectory we’re on seems a lot like Italy,” Whitmer said earlier this week. “We’ve got to do everything in our power to keep that from happening in Michigan.”

“This is an unprecedented crisis that requires all of us working together to protect our families and our communities,” she added. “The most effective way we can slow down the virus is to stay home. I know this will be hard, but it will be temporary. If we all come together, get serious, and do our part by staying home, we can stay safe and save lives.”

While public officials like Whitmer may have the best of intentions, their forced shut-down of the economy may cause more lasting damage to the country than the coronavirus ever could.

“The situation is fluid and can change week to week,” said Jim Cain, a spokesman for GM. “We don’t have firm return-to-work dates at this time.”

Americans are desperate to go back to work as the social safety net is strained like never before during these trying times. A dubious record was set for jobless claims filed in March, with three million Americans filing for unemployment benefits. President Trump hopes to have the country back on track by the Easter holiday.

“I think there are certain people that would like it not to open so quickly,” Trump said on Wednesday. “I think there are certain people that would like [the economy] to do financially poorly, because they think that would be very good as far as defeating me at the polls.”

He added: “I’m not going to do anything rash or hastily — I don’t do that. But the country wants to get back to work.”

It will not be easy for President Trump to pull the nation out of the grip of media-driven mass hysteria that has resulted from the coronavirus pandemic.

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