Its All About Raleigh - Frayser - North Memphis November 2015 Its All About Raleigh-Frayser-North Memphis | Page 4

P AGE 4 I TS A LL A BOUT R ALEIGH -F RAYSER -N ORTH M EMPHIS Should Black People Boycott Black Friday? Dr. Noel G. Hutchinson while expected, in taken for granted. Reading this, at least for me, generates some valid questions. What if we could harness that economic power to strengthen our community economically? The reality is that if we can— which I strongly believe—then we should. $1 trillion, and projected to be $1.3 trillion by 2017. These are the reported numbers of Black spending power according to Resilient, Receptive and Relevant: The African American Consumer 2013 Report by Nielson in conjunction with the National Newspaper Publishers Association, a group of over 200 Black newspapers founded by the publisher of the Chicago Defender in 1940. Our spending power is greater than the Gross National Product of most nations. To add further emphasis to the power of our collective consumerism, this same report in its executive summary highlights that of the $75 billion spent on media advertising, only $2.24 billion focuses on Black audiences. In other words, our strong consumerism, This then leads to the question of the hour—should Black people boycott Black Friday? Black Friday, the day after Thanksgiving, is regarded as the beginning of the general culture. Its positivity reflects the enriched coffers of many merchants outside of our community. This year The Honorable Minister Louis Farrakhan calls for a boycott of Black Friday, encouraging us to keep our money in our pockets and spend what we need in our communities. While saying this, he also had emphasized us getting back to the spiritual celebration of Christmas instead of the commercialized one. If we were truthful, many persons—including several Christian pastors and community activists—have said the same thing across the years, but now the clarion call is getting needed attention. (Continued on page 12)