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    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

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    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

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    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

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    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

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    Members of Ballet Folklórico of Wayne State University rehearse calabaceados, a high-energy dance style originating from Baja California, at the Student Center in Detroit, Michigan, on April 16, 2025. The group is preparing for their “¡Viva el Norte!” presentation, which will feature traditional dances from northern Mexico

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EL CENTRAL Hispanic News
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  • About
    • Introducing the partnership with the Race and Justice reporting Initiative
    • Resources
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    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Juana Saavedra, business development manager at Alliance Catholic Credit Union, at left, met with former ACCU employee Brenda Villarruel to share their journeys as businesswomen and discuss their future goals

    Businesswomen and Entrepreneurs Share More than Contacts at Networking Event

    Porfirismo and Mexican monumental architecture

    Porfirismo and Mexican monumental architecture

    Community Mourns the Loss of Beloved Couple Making a Difference in Detroit

    Community Mourns the Loss of Beloved Couple Making a Difference in Detroit

    Caesar Chavez Academy’s Robotics Team Represents Southwest Detroit at World Robotics Championship

    Caesar Chavez Academy’s Robotics Team Represents Southwest Detroit at World Robotics Championship

    Basilica of the National Sanctuary Of Our Lady Of Charity of Cobre

    Basilica of the National Sanctuary Of Our Lady Of Charity of Cobre

    Basilica of Saint Mary Major, Vatican City

    Basilica of Saint Mary Major, Vatican City

    James Craig, un ex jefe de policía de Detroit, anuncia su campaña para alcalde a los reporteros de Executive Cuts & More. Foto: Annalise Frank/Axios

    Un punto clave: Entrevista con James Craig

    Preparing for the Cinco de Mayo Parade in 2025

  • Community
    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Juana Saavedra, business development manager at Alliance Catholic Credit Union, at left, met with former ACCU employee Brenda Villarruel to share their journeys as businesswomen and discuss their future goals

    Businesswomen and Entrepreneurs Share More than Contacts at Networking Event

    Server Angelina Celestee delivers tacos and handmade sopes to diners at La Jali in Taylor, MI., on Monday, May 5, 2025

    La Jali Arrives: Bringing Mexicantown Heritage to Taylor

    At the end of the performance, the actors proudly display their certificates for completing the third season of La Carpa Theater

    Brilla! Excels as it Illuminates and Entertains

    Community Mourns the Loss of Beloved Couple Making a Difference in Detroit

    Community Mourns the Loss of Beloved Couple Making a Difference in Detroit

    Detroit Cristo Rey Celebrates Continued 100% College Acceptance

    Detroit Cristo Rey Celebrates Continued 100% College Acceptance

    Carmen Elena Luna, project manager for Bird Flu Outreach at Strangers No Longer, explains the importance of educating dairy workers in rural Michigan

    “Strangers No Longer” Gathers Amid Increasing Threats to Immigrants and Refugees

    Aging in Fear: How I.C.E. Raids Impact the Mental Health of Latino Seniors

    Aging in Fear: How I.C.E. Raids Impact the Mental Health of Latino Seniors

    Detroit Welcomes New HQ for Innovative Tech Startup “ChurchSpace”

    Detroit Welcomes New HQ for Innovative Tech Startup “ChurchSpace”

  • Featured
    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Caesar Chavez Academy’s Robotics Team Represents Southwest Detroit at World Robotics Championship

    Caesar Chavez Academy’s Robotics Team Represents Southwest Detroit at World Robotics Championship

    El Arzobispo Edward J. Weisenburger dirige las oraciones durante una Misa en memoria del papa Francisco el 21 de abril en la Cathedral of the Most Blessed Sacrament en Detroit. El papa Francisco, quien ha liderado la Iglesia católica desde 2013, murió la madrugada del lunes, el día después del Domingo de Pascua. (Foto de Valaurian Waller | Detroit Catholic)

    Archbishop Weisenburger leads Detroit faithful in mourning Pope Francis’ death

    Photo of Cesar Chavez Academy’s High School Robotics team, the AzTech Eagles, after their successful performance at the FIRST State Robotics Competition. Photo taken by the AzTech Eagles robotics team.

    Southwest Detroit Robotics Teams Earn Recognition at District, State and World Competitions

    Attendees of Youth In Action for Immigration’s conference gather together for a group photo. Photo by Ixel Garcia and Evelyn Garcia

    Immigration Conference Inspires Catholic High School Students to Take Action

    Co-writer and lead actor Alex Ruiz anticipates production of the film Love & Detroit during a recent Investor's Pitch. El co-guionista y actor principal Alex Ruiz anticipa la producción de la pelicula Love & Detroit durante un reciente Investor's Pitch

    Filmmakers Return Home to Challenge Hollywood’s Lens

    La Basilica of Ste. Anne, un emblemático templo de 139 añosserá completamente restaurada gracias a una alianza transformadora con The Catholic Initiative. The 139-year-old Basilica of Ste. Anne will undergo a $30 million “complete rehabilitation” thanks to a “transforma- tive partnership” with The Catholic Initiative. (Foto de / Photo by James Silvestri | Special to Detroit Catholic)

    ‘Innovative partnership’ will secure future of Ste. Anne, preserve basilica for generations

    Archbishop-designate Edward J. Weinsenburger stands before St. Augustine Cathedral in Tucson, Arizona.

    Detroit’s new archbishop a caring leader who listens, coworkers and friends say

    Daniel Mata, 18, left, waves a Mexican flag Tuesday, March 4 during a protest at Clark Park. Mata is a junior at Covenant High School Southwest. Photo by Dustin Blitchok/Planet Detroit

    Hundreds Gather in Mass Protest Against Heightened ICE Presence in Detroit

  • Opinion
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    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Southwest Detroit’s Cinco de Mayo Parade Prevails Over “Rain and Rumors” to the Enjoyment of Thousands

    Porfirismo and Mexican monumental architecture

    Porfirismo and Mexican monumental architecture

    At the end of the performance, the actors proudly display their certificates for completing the third season of La Carpa Theater

    Brilla! Excels as it Illuminates and Entertains

    Basilica of the National Sanctuary Of Our Lady Of Charity of Cobre

    Basilica of the National Sanctuary Of Our Lady Of Charity of Cobre

    Basilica of Saint Mary Major, Vatican City

    Basilica of Saint Mary Major, Vatican City

    Members of Ballet Folklórico of Wayne State University rehearse calabaceados, a high-energy dance style originating from Baja California, at the Student Center in Detroit, Michigan, on April 16, 2025. The group is preparing for their “¡Viva el Norte!” presentation, which will feature traditional dances from northern Mexico

    Viva El Norte! WSU Ballet Folklorico Celebrates Northern Mexico

    ina Tse during the Commemorative Quilt Project at Neighborhood Art School in Detroit, Michigan, on April 19, 2025. Held ahead of Detroit Fashion Revolution Week, the event honors garment workers lost in the 2013 Rana Plaza collapse in Bangladesh

    Detroit’s Fashion Revolution Week Embraces Circularity, Community, and Cultural Roots

    Yaidimar Narvaez left, and Kathleen Dickinson

    Accomplished Young Southwest Detroit Artist Featured in Multiple Exhibitions

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Undebatable – The Economy IS Everything

Rogelio Landin by Rogelio Landin
September 12, 2024
in Opinion, Politics
Reading Time: 7 mins read
Home Opinion
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At the risk of appearing to oversimplify the contrast between the candidates, it is quite simply, big business vs. small business focus. They are codependent and both are essential to balancing our economic system.

 Vice President Kamala Harris has revealed a key plank of her vision of the economy: driving the growth of small businesses, as part of her core belief that, when the middle class is strong, America is strong. This is a continuation and expansion of the Biden-Harris commitment to supporting small business.  This commitment was exemplified with the COVID Economic Impact Stimulus, 470 million payments totaling $850 billion. Add to this an additional $800 billion for the Small Business Administration’s Payroll Protection (forgivable loan) Program (PPP). Both programs amounted to just 20% of the $8.8 Trillion dollars of national debt amassed by Trump’s tax cuts in his four years.  

Being inclined to support that which is in the best interest and greater good of the most people and upholding majority rule, I believe the Harris plan is the most democratic (small “d”) given that small business generates 75% of all jobs.  Interestingly, conspicuous by its absence in my research, was any data documenting how many people (conservative critics of Democratic policies) didn’t cash their stimulus checks or chose to lose their businesses rather than apply for a PPP Loan.

 By contrast, former president Donald Trump wants our economy to once again serve billionaires and big corporations by giving them massive tax windfalls. Last time, it cost us $8.8 Trillion. It would be interesting to see how many people benefitted by comparison.  This time it is projected to cost/add more than $10 billion to the national debt. Driving debt up is a primary qualifier for bankruptcy. Having filed for bankruptcy six times, Trump has privately used this strategy more times than should ever be allowed. There is no reason to believe that he wouldn’t bankrupt the country by imploding our economy. What is puzzling is his feigned sense of fairness when it comes to NATO members paying their equitable share, yet somehow, he can’t find his way to applying that same indignation to corporations paying their fair share in taxes, contributing to the aversion of an unsustainable debt load. These corporate tax cuts are paid for by the middle class three times over.

 Don’t believe me? This week a growing slate of analyses and reports, from veteran reporters to financial services professionals to conservative-leaning economists, have evaluated the negative economic impact of Trump’s economic agenda for a second term, finding it would cost trillions of dollars, explode the national debt, shrink economic growth, curb job creation, drive up inflation, and raise costs for middle-class and working Americans by thousands of dollars a year. I invite you to read what conservatives are saying.

 Donald Trump’s plans defy fundamental economic principles, upending the American economy, and costing trillions, with the middle class bearing the brunt of the fallout.

  • The consequences feel even more alarming knowing Trump could impose one of his most reckless plans – a middle-class tax hike opposed even by top Congressional Republicans – without Congress, as reported by Politico, The Washington Post, and The New York Times.

Bloomberg, CNN, The New York Times, The Congressional Budget Office, and the Penn Wharton Budget Model: Trump’s agenda would explode the national debt by trillions of dollars.

  • Bloomberg: “Republican nominee Donald Trump and running mate JD Vance are campaigning on a grab bag of tax cut proposals that could collectively cost as much as $10.5 trillion over a decade.”

The conservative-leaning Tax Foundation, Goldman Sachs, and Moody’s: Trump’s agenda would shrink economic growth and undermine job creation.

  • Tax Foundation: “We estimate the proposed tariffs would reduce long-run GDP by 0.8 percent, the capital stock by 0.6 percent, and hours worked by 685,000 full-time equivalent jobs.”
  • USA Today: “According to a Moody’s study, Trump’s plan would trigger a recession by mid-2025 and an economy that grows an average 1.3% annually during his four-year term vs. 2.1%…Next year, under a Trump administration, inflation would rise…The U.S. would have 3.2 million fewer jobs and a 4.5% unemployment rate, a half percentage point higher, at the end of a Trump tenure.”
  • Fortune: “Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections, cautioning that US GDP faces a hit in the case of a win for Donald Trump.”

Nobel laureate economists, financial services analysts, and Wall Street economists agree: Trump’s agenda will drive up inflation.

  • Axios: “16 Nobel economists see a Trump inflation bomb”
  • Wall Street Journal: “Economists Say Inflation Would Be Worse Under Trump…”

The conservative-leaning American Action Forum and The Center for American Progress agree: Trump’s agenda would effectively impose a national sales tax of nearly $4,000 a year for the typical middle-class household.

President Biden is the only President in history to preside over two economic recoveries’, the first as President Obama’s Vice-President implementing the American Recovery and Reinvestment Act (ARRA) and the second he inherited from Trump.

If it’s true that most Americans vote their pocketbooks when it comes to choosing between presidential candidates, then, the choice is clear. Only one party is looking out for the middle class: the Harris-Walz ticket and the Democrats.

 

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