“We Need a Black Economic Renaissance”

The black unemployment rate is at 16 percent, which is double the white unemployment rate.

The reality is that the good manufacturing and blue-collar jobs that were once a ticket to the middle class for many people had been drying up for years, long before the recession began. As America redevelops its economy, now is the time to redesign a black economic infrastructure, rooted in innovation, entrepreneurship and global trade — all of which are important for job creation.