avatarJaron Mays

Summary

Bob Johnson, the first Black American billionaire and founder of BET Network, critiques President Joe Biden's Build Back Better plan for lacking support for Black-owned businesses and failing to address the racial wealth gap.

Abstract

During Black History Month, Bob Johnson, a prominent figure in the Black community and media industry, has voiced his frustration with President Joe Biden's administration. Johnson specifically criticizes the Build Back Better plan, arguing that it neglects to provide direct financial support to Black businesses and does not contribute to closing the racial wealth gap in the United States. He emphasizes the need for more Black entrepreneurs and job creators within the community. Johnson, known for his bipartisan advocacy, has previously highlighted the issue of reparations, suggesting that Foundational Black Americans are owed a significant sum to address historical injustices. His recent comments on CNBC's Squawk Box have reignited discussions about the economic disparities faced by Black Americans and the necessity for targeted economic policies.

Opinions

  • Bob Johnson is critical of the Biden administration's Build Back Better plan, stating it does not benefit Foundational Black Americans or Black businesses.
  • Johnson believes that the racial wealth gap can only be closed by increasing the number of Black job creators and entrepreneurs.
  • He is noted for his balanced political stance, advocating for Black Americans across both Democratic and Republican lines.
  • Johnson has previously brought attention to the topic of reparations, asserting that Foundational Black Americans are owed $14 trillion.
  • The article expresses a sentiment that Black people are disillusioned with the Democratic Party, feeling that their needs and concerns are not being adequately addressed.
  • There is an underlying frustration with symbolic gestures that do not translate into tangible benefits for the Black community, such as the commemoration of Maya Angelou on a quarter.
  • The author, Jaron Mays, appears to support the stance taken by Bob Johnson and commends him for speaking up on behalf of Foundational Black Americans.

Bob Johnson is Furious with Joe Biden for Failing Black Americans

Joe Biden has not addressed the issue of Black wealth in America and millions of Black people have had enough

Photo Credit | L. Cohen / WireImage for BET Network / Getty Images

It’s the first day of Black History Month and Black people are not only celebrating history but creating it as well.

Bob Johnson, the founder of BET Network, is back in the news. He was on a show called Squawk Box, a CNBC show, for an interview and he was talking about Black wealth.

Bob Johnson argued accurately that President Joe Biden’s Build Back Better plan doesn’t do anything for Foundational Black Americans, especially Black businesses.

It doesn’t do anything to help us close the racial wealth gap in America, which will only be closed when we have more job creators in the Black community.

So Bob Johnson is an interesting guy.

He became the first Foundational Black American billionaire when he sold BET to Viacom back in 2001.

Since that time, I think he’s done a pretty reasonable job in terms of advocating on both sides of the aisle.

He’s not like a lot of these bootlicking negroes that are overly committed to Democrats or Republicans.

Bob Johnson is just basically saying little things that are quite obvious like the fact that Foundational Black Americans are owed 14 trillion dollars in reparations.

So, a huge shout out and much respect to Bob Johnson for speaking up on behalf of all Foundational Black Americans.

Jaron Mays. 2022. All Rights Reserved.

Follow me on Instagram: @jaronmaysworks

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Politics
Racism
BlackLivesMatter
Culture
Black History Month
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