Obama Economy Erasing Gains Made After Civil Rights Acts

[longknife]

On the stump, President Barack Obama often insinuated to black voters that Republicans would take them back to the pre-Civil Rights era of Jim Crow, but his economy has wiped out nearly all the gains the black middle class has made since integration.

A record number of black voters went to the polls in 2008 and 2012 for President Barack Obama, but his economic policies -- on top of the housing bubble that burst due to reckless subprime mortgages before the Great Recession -- have decimated the black middle class, wiping out nearly 30 years of gains.

According to the Economic Policy Institute, "black households had a median net wealth of just $4,900 in 2010, compared with $97,000 for white households," and a "a third of black households had zero or negative wealth."

From Obama Economy Erasing Gains Made After Civil Rights Acts

Stlll hoping for all that change are we?