After a five-year boycott, the president finally addressed the [tag]NAACP[/tag] today. While [tag]Bush[/tag] emphasized his desire to “change the relationship” between the Republican Party and African Americans, he had to stretch matters a bit to show how his concerns coincide with those of the African-American community.
“You know, one of my friends is Bob Johnson, founder of BET. He’s an interesting man. He believes strongly in ownership. He has been a successful owner. He believes strongly, for example, that the death tax will prevent future African American entrepreneurs from being able to pass their assets from one generation to the next. He and I also understand that the investor class shouldn’t be just confined to the old definition of the investor class.”
Seriously, the [tag]estate tax[/tag]? As Nico noted, literally only 59 African Americans will pay the estate tax this year, which will drop to only 33 people in 2009.
And while Bush is trying to sell the NAACP on his concern for “entrepreneurs,” nearly one-in-four African Americans live below the poverty line. The president who no longer likes to talk about poverty kept up his streak today, failing to mention it at all.
On Tuesday, the NYT noted that Republican outreach to African Americans in the Bush years has been an abject failure. Perhaps Bush’s emphasis on the estate tax today offers another hint why.