“Sometime in 2013, the African American consumer market exceeded the trillion dollar mark* for the first time. To put this figure in perspective, that market is larger than the market for the entire nation of Spain.”
What are God’s purposes for America?**
2.Freedom (Gal.5:13,1; 1Pet2:16)
3.Unique Purpose (2Tim1:9)
4.Israel (Gen12:1-3; Deut32:8)
5.Wealth Creation (Duet8:18 (entire chapter))
6.To make known God’s name in the earth (Deut28; Rom9:17)
For this tidbit, I want to limit my focus to the 5th purpose: Wealth Creation. In other words, one of God’s reasons for America is to help people facilitate wealth. In spite of all the lies circulated by liberals about America’s inherent racism, it appears the evidence supports the fact that America’s Wealth Creation is working for African-Americans!
What does the above “trillion dollar mark” actually mean? First, if you use the Gross Domestic Product (GDP) of each of the over 200 current nations, if African Americans were in fact a nation, the “trillion dollar” figure makes American Blacks float between the 16th to the 18th most productive nation on the planet!!***
The spending power of African-Americans is so large that major companies specifically target Blacks: “The spending of the top 80 advertisers in Black media are detailed in the report. The No.1 company, Procter & Gamble, spent $78.9 million in 2011, while the No.80 company, Apple, spent just $1.6 million.”
I was shocked that even the liberal Huffington Post, published a piece by an African American, who quoted Black historian Henry Louis Gates: “On one hand, the percentage of African Americans making at least $75,000 annually more than doubled from 1970 to 2014, to 21 percent. Those making $100,000 or more nearly quadrupled.”
Furthermore, Bradford Wilcox reports in Black Men Making it in America, “More than one-in-two black men (57%) have made it into the middle class or higher as adults today, up from 38% in 1960, according to a new analysis of Census data. And the share of black men who are poor has fallen from 41% in 1960 to 18% in 2016.
However, the most intriguing evidence supporting the incredible financial growth of American Blacks**** is the comparison of African-Americans with Black African nations. Remember, my next few facts are not meant to declare that America, nor African-Americans, are better than Blacks in Africa! For the quality of a human being is ‘NOT’ based upon the amount of money one possesses…nor one’s potential to produce! The quality of a human resides solely in the image and likeness of God (Gen1:28)—which is given to every human! In spite of the previous fact however, what a person produces, and the opportunity for one to produce, vary based upon factors like potential, purpose, gifts, talent, character, work ethic, and freedom of opportunity. I repeat, in spite of the liberal myths about Black oppression in America, my next couple of points focus heavily on the incredible productivity this great nation has offered to African-Americans—that sadly, Black African nations do not currently possess.
First, as I have already stated, African Americans produce over 1 trillion annually in spending power. Incredibly, this figure represents a Gross Domestic Product (GDP) that exceeds the GDP of the top four Black African Nations---combined! Nigeria 408; South Africa-370; Angola-119; Kenya-88!!!!
Second, if you factor in the population variable, this incredible feat by African-Americans is multiplied!!! For example, there are 37 million Blacks in America (google); 186 million in Nigeria; 50 million in South Africa; 29 million in Angola; and 48 million in Kenya. This means, 37 million African-Americans produce more than 313 million Black Africans!!!
I repeat, these facts do not indicate that African-Americans are in any way better than Black Africans!! To be candid, the top Black producers in America hail from Africa and the West Indies!!
Third, don’t for a minute believe America’s Wealth Creation is working only for African Americans! Mexicans land at 36 million(google) in America, and produce 1.2 trillion, which is the same GDP as the 120 million people of Mexico!
What’s the difference? The answer is really quite simple—God has blessed America! And one of the signs of that blessing is Wealth Creation!!
“Blessed is the nation whose God is the LORD…” Ps33:12
Americans--including African Americans--who choose to tap into the purposes of God for this great nation—will experience the greatness of His purposes!
All Americans ought to THANK-GOD for July 4th!
*“Black buying power of America” puts the figure at 836 billion rather than 1 trillion. So, you may choose the figure that fits your position. My point is that Blacks in America are prospering like no where else on earth!
**Actually, these purposes are for all nations—not only America.
*** Wikipedia offers slightly different numbers:
****African American Economist Walter Williams says the rise of economic gain among American Blacks--from slavery to this present day--is the greatest among any ethnic group in the history of the world!
"We succeed in enterprises which demand the positive qualities we possess, but we excel in those which can also make use of our defects."
- Alexis de Tocqueville