×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: blackout day | black | spending | black lives matter

'Blackout Day' Aims to Show Power of Black Spending

Black Lives Matter Word cloud in shape of a fist
(Dreamstime)

Tuesday, 07 July 2020 10:32 PM EDT

Tuesday was "Blackout Day" — a day many in the Black community, as well as supporters, refrained from spending at anything other than black-owned businesses.

The day was inspired by a video posted online May 8 by Texas activist Calvin Martyr after the arrests of Gregory and Travis McMichael for the killing of Ahmaud Arbery in Georgia.

"The only way that we as a people will get any change is if we unite solidarity with the dollar," Martyr said in the video. "We spend one trillion dollars in this economy every year. We are a nation of people within this nation. We keep it going."

According to a 2018 Nielsen Report, Black consumers spend up to $1.2 trillion a year in the U.S. economy.

Martyr's video was picked up by the Black Lives Matter movement following the deaths of George Floyd and Black people. The movement plans to not only pause Black purchases for one day, but to put Black dollars back into the Black community year-round, Mashable reports.

"In order to break free from the chains of financial servility, we will organize days, weeks, months, and years if necessary when not one Black person in America will spend a dollar outside of our community," the BLM website said.

© 2024 Newsmax. All rights reserved.


Newsfront
Black Lives Matter staged "Blackout Day" on Tuesday to keep Blacks from spending money in the economy.
blackout day, black, spending, black lives matter
209
2020-32-07
Tuesday, 07 July 2020 10:32 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved