Although black people contribute over 1 trillion dollars to the United States economy, little of that money trickles down to black communities. Take a look around at the businesses in black neighborhoods; they are seldom owned by black business owners. Instead other people come, build businesses in our communities. Therefore it is our money which helps them pay taxes in their communities with beau
tiful houses where they send their children to the best schools. Meanwhile our neighborhoods are dilapidated and the schools we send our children to are substandard. In her book, “Talking Dollars and Making Sense: A Wealth Building Guide For African-Americans,” Brooke Stephens writes: “John Wray, an economic development specialist in Washington, D.C., did a study that traced the flow of dollars through comparative ethnic communities. Wray found that in the Asian community a dollar circulates among the community’s banks, brokers, shopkeepers, and business professionals for up to 28 days before it is spent with outsiders. In the Jewish community, the circulation period was 19 days; in the WASP community, 17 days; but in the African-American community - 6 hours! It is time for this behavior to stop. Black business need to be supported and promoted!!!
