George Floyd protests recall earlier tensions, promises of economic change

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In November 2015, the shooting death of Jamar Clark by Minneapolis police touched off a debate on race and economic inequality that challenged the city's progressive image and led local corporate leaders to back efforts at better sharing the spoils of a booming Midwestern state.

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WASHINGTON - In November 2015, the shooting death of Jamar Clark by Minneapolis police touched off a debate on race and economic inequality that challenged the city’s progressive image and led local corporate leaders to back efforts at better sharing the spoils of a booming Midwestern state.

Floyd’s death in police custody in Minneapolis last week may have been a catalyst for an anger that has spawned protests nationwide, but it was in effect the third major shock to hit in as many months, said Tawanna Black, chief executive of Minnesota’s Center for Economic Inclusion , a group that grew out of those corporate promises of five years ago.

Median family income growth finally started rising in 2015, but median family income for blacks remains about 61% that of whites. In Minneapolis, it is even lower at about 44%. It is part of a “last-hired, first-fired” dynamic familiar to labor economists and considered one of the reasons behind the lack of progress in narrowing wealth and income gaps. In this case, it is also driven by the skewed nature of the coronavirus economic shock, which hit hardest among lower-paid service jobs in the restaurant and hospitality industry where minorities form a larger share of the workforce.

Still predominantly white, with a self-effacing culture captured by writer Garrison Keillor’s “Prairie Home Companion” former radio show, the demographics around Minneapolis, the state’s largest city, have shifted quickly in recent decades. It That city is also home to a healthy list of large U.S. companies, many of them homegrown national brands like Target Corp , that are known for their civic boosterism and support for efforts like the one spearheaded by CEI’s Black.

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This is that economic promise they're gonna get.

Trump's policies led to the lowest African American unemployment rate in history. He also raised child support from $ 1,400 a year to $ 2,000, launched Criminal Justice Reform and Opportunity Zone initiative (now badly damaged by the destructive riots). The rest is up to people.

Economic change? With the entire community burned down and drowning in debt because of it?

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