PART of Hydar Ally’s letter in your letters column is wrong; please correct if you can. The letter said, “According to the article, there are only ‘two Black millionaires’ in the USA, compared to nearly a thousand non-Blacks. Over ten per cent of Blacks are unemployed compared to less than five per cent among Whites.But I refer to a publication entitled, “America’s Black Millionaires: Food for Thought”, which states, “Today, there are 35,000 Black millionaires in the U.S.”
Let me be clear: That’s only one-tenth of one per cent of the population. 35,000 is the current number when we should produce a minimum 300,000. But it will never occur without entrepreneurial-driven enterprises versus sole proprietorships, all the while tapering off out of control spending habits.
T. K.