Trump, by the late ’90s, was actually quite well-regarded in the black community, owing largely to an outsize image and reputation. A Fortune article from 1999 cited an 800-person survey conducted by pollsters in Florida that had Trump with a 67 percent favorable rating among black voters. Culturally, he was ubiquitous, appearing in commercials, television sitcoms, and often referenced in rap songs.
- Jesse Jackson: Donald Trump Endorsing Me Is Fake News, TheDailyBeast.com, August 22, 2017.
3. Delta’s $1.6 billion in profit sharing paid to employees this week – a record for a U.S.-based company - will have an even bigger impact on local communities than the already sizeable number suggests.
“Profit sharing by corporations is one of the best ways to help a local economy,” said Emory University economist Jeff Rosensweig. “Although some of these increments to income will be saved or spent outside of the local economy, much of it will be plowed into increased purchases from local businesses.”
That spending has an outsized impact because of what economists call “the multiplier effect.”
Rosensweig, professor at Goizueta Business School of Emory University and Director of the John Robson Program for Business, Public Policy, and Government, explained the concept:
“In the ‘multiplier effect,’ the increased income earned by people selling goods and services purchased by Delta employees with their profit sharing payouts is, in turn, spent partly on local products. Then, the people who sell those products will start a third round of spending, and so on.”
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