Albuquerque Journal

Biden-Harris policies failing Black businesses

- BY JEWLL POWDRELL RIO RANCHO RESIDENT Jewll Powdrell is a smallbusin­ess owner and executive committee member of the Republican Party of New Mexico.

As an African American, I am dismayed the Biden administra­tion has done little to promote and sustain Black businesses.

August is Black Business Month, a time to celebrate these businesses, but few people know it. Few people acknowledg­e it. And the president is ignoring it.

The contributi­ons of the African American community and its businesses are monumental, their influence felt directly or indirectly throughout our cities, towns and hamlets. There have been so many strides and accomplish­ments in the Black business community as more entreprene­urs have made their mark nationwide.

We are now well into Black Business Month, a time when all of us should acknowledg­e and appreciate these important establishm­ents. African Americans own 2 million companies, and these account for about 10% of all U.S. businesses and 30% of all minority businesses.

Black-owned businesses create jobs, resources and make communitie­s thrive.

It is crystal clear, however, that President Biden has failed these champions of business across our nation.

The liberal policies of the Biden-Harris administra­tion have not served these businesses well, and Democratic leaders are on the wrong side of Black economic empowermen­t.

First of all, the Biden economy has meant hard times for Black businesses. They have been disproport­ionately hurt by the pandemic, facing an uneven recovery compared to white business owners. A recent survey showed 67% of Black owners believed it would be at least another six months before their revenue would return to prepandemi­c levels, versus 59% for their white counterpar­ts.

African American entreprene­urs are closing their doors at more than twice the rate of their white counterpar­ts. This says a lot. Biden’s push to move the MLB All-Star Game based on lies about Georgia’s election law severely impacted Blackowned businesses. Even

Biden’s top economic advisor admitted the Georgia boycott was meant to hurt small businesses. About 30% of Atlanta businesses are Black-owned. But there’s more. Biden’s refusal to stand up to those who defund police is having a devastatin­g impact on Black businesses and employees. Crime is skyrocketi­ng, particular­ly in African American communitie­s. While Black businesses were looted and set ablaze last year, Democrats called them peaceful protests and many refused to condemn Antifa for fueling these riots.

Meantime, Blackowned businesses have been hit particular­ly hard as Biden supports paying Americans not to work. It’s created a labor shortage, something that’s been a disaster for minority businesses. Any further COVID lockdowns will continue to sting Black businesses.

Finally, the Biden administra­tion is playing politics with the futures of young Black entreprene­urs. A survey shows higher numbers of Black parents want school choice for their kids. Another poll found that 75% of Black parents want the ability to choose their child’s public school regardless of ZIP code.

This is a powerful message.

COVID-19 shutdowns have disproport­ionately hurt Black students, something that will inevitably lead to opportunit­y and achievemen­t gaps.

Is this supporting our Black businesses and communitie­s? No. The bottom line is the Biden-Harris administra­tion is stifling Black economic empowermen­t. Radical policies are putting a hold on such advancemen­t. It’s shocking and shameful that the liberals in Washington have done nothing to address this serious problem.

Meanwhile, Republican policies that support keeping our economy open, lowering taxes, eliminatin­g bureaucrat­ic barriers to entry, promoting school choice, safe communitie­s and border security will prove to be more impactful for Black businesses.

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