Hispanics (the New Majority) Hispanics: Essay

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[Hector de Leon] Also, in the more recent presidential primary elections, Hispanics voted Miss Clinton to victory in Ohio by a two-thirds margin while Obama was victorious in the Hispanic dominated Chicago wards. [Russ Stewart] So political parties could no longer take Hispanic votes for granted or ignore the Latino population especially when they are going to constitute a quarter of the American population by 2030. [Jennifer Hunter] the growing purchasing power of Hispanics is already finding big corporate support for their increasing political participation with a long list of blue chip companies already sponsoring the 'National Association of Latino Elected and Appointed Officials' (NALEO) [Business wire]

Conclusion

With huge corporations being the financial backbone of political parties, it is all the more a vested interest of businesses and political parties that the Hispanics are duly represented in the Boards of all the public corporations.

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If the phenomenal growth projections both in terms of the population and the purchasing power of the Hispanics are any indication of the transforming economic scale and political sphere, it is high time that our public corporations adapt to the evolving demographic dynamics. The Hispanic community is certainly altering the economic and political landscape of America and it is only appropriate that the community is sufficiently represented in the public corporate boards. Promoting Hispanic leaders as board members is an effective way to reach out to the Hispanic customers. This is indispensable for the sustained growth and development of corporations in this new and fast changing landscape of American economy. Public trading corporations that ignore the Hispanics are clearly showing a lack of economic realism and competency......

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