What The Democrats Are Really Afraid Of

You can dismiss the turnout at Trump rallies versus the turnout for Democrat candidates. You can dismiss the tweets you may not like, but you can’t dismiss what is happening to the President’s approval numbers in minority communities.

The American Spectator posted an article today with the following headline, “Why Trump’s Approval Ratings Are Up Among Minorities.”

The article notes:

A mounting number of voter polls show that, despite shrill denunciations of the President by the Democrats for his alleged racism, Trump is enjoying a dramatic increase in his approval ratings among minorities. This isn’t, as some liberal news outlets and pundits have suggested, wishful thinking based on outlier polls. The trend began showing up in surveys early this year and appears to be gaining momentum. Some polls now show his approval numbers at 25 percent among African-American voters and 50 percent among Hispanic voters. If those figures hold for the next 15 months, they will render Trump unbeatable in November of 2020.

The article notes a number of reasons for the rising approval ratings. Among the Hispanic community, two reasons are the President’s stand on immigration and the economy. Those in the Hispanic community who followed the rules to become Americans do not support endless illegal immigration. Those in the Hispanic community have also seen a dramatic increase in employment opportunities and a decrease in unemployment. In the black community, people are asking why cities that have been controlled by Democrats for decades and given massive amounts of money by the government still look worse than cities in other countries that were totally destroyed during World War II. In other words, after voting Democrat for decades with no visible improvement in their situation, minorities are seeing positive change. Minorities have the lowest unemployment numbers in history. They are seeing employment opportunities they have not seen before. Pocketbook issues are having an impact on the way they view President Trump.

The article concludes:

The main reason for the surge in Trump’s Hispanic support, however, is the economy. As Steve Cortes, a member of the President’s Hispanic Advisory Council, points out:

Hispanics neither desire nor expect a laundry list of deliverables from government, but rather seek the conditions to advance and prosper independently.  As the most statistically entrepreneurial demographic in America, Hispanics have thrived amid the Trump boom as regulatory and tax relief unleashes a small business surge. Every American benefits from this new dynamism, but Hispanics most of all.

Hispanic voters, mind you, will be the largest ethnic minority in the electorate by 2020. They, combined with African Americans, may very well decide who will live in the White House after the next election. Moreover, the days when Democrats could win all of their votes by screeching “racism,” encouraging illegal immigration, and offering massive giveaway programs are probably over. President Trump appears to be building real support among minorities by providing genuine opportunity in a thriving economy. If he receives their support in anywhere near the percentages suggested above, he will win in 2020 no matter who runs against him.

The presidential election of 2020 will be very interesting.

If It’s Not About The Money, What Is It About?

In January of 2018, The Washington Times noted that the estimated $18 billion over the next decade spent on a border wall between the United States and Mexico would be roughly 0.0338 percent of the $53.128 trillion the Congressional Budget Office currently estimates the federal government will spend over that same 10-year period. So what is all the fuss about?

Yesterday WWF came to the Oval Office in the White House when Representative Nancy Pelosi and Senator Chuck Schumer discussed the border wall with President Trump. YouTube posted the video:

The battle is not about money–it’s about votes. The Democrats have lost some of the voting blocs they have counted on to win elections–they can no longer be sure of the working man’s vote or the union vote. So how are they going to win elections? They are counting on the minority vote. The Democrats are afraid that if the wall is built, they will lose the Hispanic vote.

According to the Pew Research Center, this is how Hispanics voted in 2018:

According to a USA Today article posted November 9, 2016, President Trump did surprisingly well among Hispanic voters:

Hispanics favored Democratic candidate Hillary Clinton 65% to 29%, a 36-point difference that helped her secure winning margins in states like Nevada and Colorado and kept her competitive late into the night in other key battleground states.

But that margin, based on exit polling conducted by Edison Research, was smaller than the 71%-27% split that President Obama won in 2012. And it was smaller than the 72%-21% her husband, former president Bill Clinton, won in 1996.

Because the Democrats are becoming more dependent on the votes of minority groups to win elections, it is easy to understand why they would oppose any legislation or spending that most cost them votes in the minority community.

Refusing To Learn The Lessons Of History

On Thursday, Michael Barone at the Washington Examiner posted an article about a government move to again encourage subprime lending in the mortgage market.

The article reports:

I have written frequently that I estimate that one-third of the mortgage foreclosures in the 2007-10 period were of Hispanic homebuyers. Very many had been granted mortgages, despite bad or dubious credit, by lenders who then fobbed them off on Fannie Mae and Freddie Mac or other mortgage securitizers, in the meantime gaining brownie points with regulators for lending to “minorities.” Evidence supporting this comes, inadvertently, from an Urban Institute report spotlighted by the industrious and provocative blogger Steve Sailer. You can see that there was a huge increase in the number of mortgages granted to Hispanics in the years running up to 2006, when housing prices peaked, centered in metro Los Angeles and the adjacent Inland Empire to the east, in California’s Central Valley and in metro Las Vegas and Phoenix. Not coincidentally, these “sand states” (plus Florida) accounted for more than half of mortgage foreclosures when housing prices plummeted and buyers who suddenly found themselves underwater and/or out of work defaulted on their mortgages.

Both President Bush and President Clinton encouraged home buying for Hispanic buyers, which resulted in many of the previous income/mortgage ratio standards for granting mortgages being ignored. This resulted in the housing bubble, the crash that followed, and a tremendous amount of money spent in attempting to avoid disaster.

Well, the government has not learned its lesson. The article reports:

Now the Urban Institute and the Obama administration are pushing for more mortgages for blacks and Hispanics with subpar credit ratings. Haven’t America, the world and the intended beneficiaries already suffered enough from this perhaps well-intentioned but indubitably misguided policy?

How many times do we have to do this before we learn that it is not a good idea to lend large sums of money to people who cannot pay it back?