Is the Tax Deal As Good for Blacks as Obama Claims? | TheLoop21.com "In October, the Presidents approval rating overall was 48 percent. His approval rating among registered Democrats remains in the high 70s. But his approval rating among African Americans is 91 percent. Even though black folks have suffered disproportionately from the subprime mortgage crisis, foreclosures, evictions, bankruptcies, the recession and a so far fairly jobless recovery, they are not blaming the President. And that has remained constant regardless of how the CBC has consistently badgered him about not listening to them, about a jobs bill they found inadequate, etc. Is there any truth to the White Houses claims? Truth in politics always seems to be a matter of opinion. The truth is, there are some tax breaks in the bill that will benefit working- and middle-class Americans as well as the unemployed. For a factual breakdown go here. But the argument progressives and the CBC make is that the benefits for the wealthy outweigh the benefits for the middle class. They argue that he could have and should have gotten a better deal. They argue that he capitulated to Republicans and surrendered on one of his core domestic policy initiatives -- that the Bush-era tax cuts for the wealthy were ethically wrong and economically unwise. The truth is they are right. But the other truth is that it was the only deal for the President to make."