Trump Profits, Black America Pays the Price – BlackPressUSA

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BLACKPRESSUSA NEWSWIRE — Over the weekend, while 401(k)s crumbled and mass layoffs loomed, Trump was the main attraction at two lavish, money-making events
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By Stacy M. Brown
BlackPressUSA.com Senior National Correspondent
As financial pain spreads across the nation, Black families are facing some of the harshest blows — while Donald Trump and his family throw parties, rake in cash, and dismantle protections built to ensure essential equity. Over the weekend, while 401(k)s crumbled and mass layoffs loomed, Trump was the main attraction at two lavish, money-making events: a Saudi-backed LIV Golf tournament at his Trump Doral resort and a seven-figure fundraiser at Mar-a-Lago. This all unfolded just days after Trump signed off on sweeping global tariffs — with a Sharpie now sold at his resort gift shop for $3 — sparking one of the largest market crashes in U.S. history. In just 48 hours, the S&P 500 lost $5 trillion in value. By Monday, stocks were in free fall. Analysts warned of inflation spikes that would hit everything from gas to groceries — and disproportionately impact low- and middle-income households.
But for Trump, it was business booming. Every room, including the $13,000-a-night suite, was sold out at Doral. Guests shelled out up to $1,400 for exclusive access, snapped up $550 Trump purses and $18 imported souvenirs, and dined on $130 steaks while posing for photos with Trump family members. “This is the perfect venue,” Eric Trump declared as his father bounced between luxury properties. That same day, the former president posted from his golf club: “THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE.” For Black Americans — who already face the steepest hurdles in the economy — the timing is more than just offensive. It’s dangerous. As the markets tank and federal agencies brace for disruption, Trump is also waging war on racial equity. He’s issued orders wiping out diversity, equity, and inclusion (DEI) efforts across the federal government. That includes dismantling Executive Order 11246 — a cornerstone civil rights protection that, since 1965, has barred discriminatory practices by federal contractors.
Roughly 18% of the federal workforce is Black. Many of those workers are now in limbo, with DEI staffers placed on forced leave and entire programs frozen. Experts warn these rollbacks could erase decades of progress in hiring, retention, and advancement — not just in government, but in every sector that follows federal precedent. Trump has also threatened clean air and water protections for historically neglected Black neighborhoods and proposed privatizing the U.S. Postal Service — one of the largest employers of African Americans. As working families watch their savings disappear, their job security vanishes, and their communities come under attack, Trump and his donors raise glasses over filet mignon and $1 million checks. The disparity isn’t just stark — it’s systemic. And it’s being monetized in real-time. From his Palm Beach resort, as the country buckles under the weight of his policies, Trump made his position clear:
“THIS IS A GREAT TIME TO GET RICH.”
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A Little About Me: I’m the co-author of Blind Faith: The Miraculous Journey of Lula Hardaway and her son, Stevie Wonder (Simon & Schuster) and Michael Jackson: The Man Behind The Mask, An Insider’s Account of the King of Pop (Select Books Publishing, Inc.) My work can often be found in the Washington Informer, Baltimore Times, Philadelphia Tribune, Pocono Record, the New York Post, and Black Press USA.
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