It all looked so good in the beginning. There has been a change, but not what we expected. Unemployment is higher than ever for African-Americans. While there are many reasons, there is one direct correlation. The amount of contracting by Black-owned firms at the federal government level has drastically been reduced to less than one percent – an all-time low. And instead of exhausting all avenues to improve the amount of Black contracting, the Obama administration is now taking formal action to end all minority goals from the agencies. Serious decrease There was a time a few years ago that the federal Department of Housing and Urban Development was enjoying a 40 percent level for minority contracting and most of that was with Black firms. Even the Congressional Black Caucus awarded HUD Secretary Alphonso Jackson for that accomplishment. Today, that level is below four percent and it fell with lightning speed. The following is an open letter that I received from American Small Business League (ASBL) President Lloyd Chapman last week: “On Friday, September 9, the Obama administration proposed a policy to end one of the most successful federal programs to create jobs and stimulate growth among minority-owned small businesses. Will end program “The policy, announced in the Federal Register, aims to end a program that established a five percent minority-owned small business federal contracting goal for the Department of Defense, NASA and the U.S. Coast Guard. I estimate that this change will have a significant, negative economic impact on a substantial number of minority-owned small businesses, costing millions of jobs. “It is difficult to understand why, in the middle of one of the worst economic downturns in U.S. history, and when unemployment has hit minority communities especially hard, the Obama administration would end one of the most successful programs to create jobs for minorities. Read more here.