On July 9, 2020, President Donald Trump signed an executive order on the White House Hispanic Prosperity Initiative.
The Hispanic Prosperity Initiative is to benefit the educational and economic success of the Hispanic community.
In 2017, the National Center for Education Statistics reported an 8.2% high school dropout rate for the Hispanic population. A goal for the initiative is to create access to higher education for the Hispanic community. Economic resources will be applied to support government-funded programs such as Hispanic Serving Institutions.
In the middle of a health crisis, where unemployment and poverty rates are going up and down, President Trump claims that the country has achieved the lowest Hispanic poverty rate and unemployment rate. According to the U.S. Bureau of Labor Statistics, the unemployment rate for Hispanics was 14.5% in June 2020 and the lowest was 4.1% in October 2019.
Hispanic leaders joined President Trump in support of this executive order.
Former Lieutenant Governor of New Mexico John Sanchez spoke about growing up Hispanic in the U.S. Sanchez had very humble beginnings going from home-made cardboard shoes to nice black shoes in the most powerful country in the world next to the most powerful man of the world. Sanchez claims this to be “The American Dream.”
The Hispanic Prosperity Initiative is to replace the White House Initiative on Educational Excellence for Hispanics, which was first signed by President George H.W. Bush in 1990.
Robert “Bob” Unanue, the CEO of Goya Foods spoke at the event. As Unanue explained his grandfather immigrated from Spain to the U.S. and now their family owns a multi-million dollar company: Goya Foods. In the midst of the pandemic, Unanue reassured that Goya Foods never stopped the production of food. He mentioned there is a food and crop shortage happening. In efforts to relieve the food shortage, Goya Foods will be donating one million cans of and its products to help with the food shortage across the country.
Attendees sat the recommended six feet apart but with no face masks in sight.