And a new fitted, and some job opportunities that's lucrative
A new fitted refers to a new fitted (i.e. fixed-size) cap.
It’s important to note that Kanye often makes music for the man in the street, and will switch perspectives in order to create something we all can identify with and draw inspiration from.
He isn’t saying he needs a new fitted, or that he needs work, (he is, after all one of the richest rappers in the world) he is speaking from the perspective of an unemployed black male in times of economic decline.
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