- Mar 9, 2011
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Ninety-five percent of black voters in 2008 voted for then-Sen. Barack Obama. Surely a "progressive" black president would care about, empathize with and understand black America in a way no other president ever has or could, right? Exit polls from Pew Research show that 63 percent of all voters -- and 65 percent of Obama voters -- cited the economy as the number one reason they voted for him. Iraq was a distant second at 10 percent. Even for black Obama voters, "It's the economy, stupid."
After six years, the report card is in. The grades are not pretty. By every key economic measurement, blacks are worse off under Obama. In some cases, far worse off.
What about poverty? In 2009, when Obama took office, the black poverty rate was 25.8 percent. As of 2014, according to Pew Research Center, the black poverty rate was 27.2 percent.
What about income? CNNMoney says, "Minority households' median income fell 9 percent between 2010 and 2013, compared to a drop of only 1 percent for whites." The Financial Times wrote last October: "Since 2009, median non-white household income has dropped by almost a 10th to $33,000 a year, according to the U.S. Federal Reserve's survey of consumer finances. As a whole, median incomes fell by 5 percent. But by the more telling measure of net wealth -- assets minus liabilities -- the numbers offer a more troubling story."
What about net worth and the black-white "wealth gap"? The Financial Times said: "The median non-white family today has a net worth of just $18,100 -- almost a fifth lower than it was when Mr. Obama took office. White median wealth, on the other hand, has inched up by 1 percent to $142,000. In 2009, white households were seven times richer than their black counterparts. That gap is now eightfold. Both in relative and absolute terms, blacks are doing worse under Mr. Obama." Remember, these numbers apply to all "non-whites." For blacks, it's worse.
Larry Elder - Under Obama, Blacks Are Worse Off -- Far Worse
what say you libs? The proof is right here....
Hillary would do the same thing for women, that Obama has done for blacks. Think about it.
Says the Klown who "believes in" myths and fairy tales. Hint the Randian BS should be outgrown by about 25 Bubs
You just showed how little you know about anything. You made a feeble attempt to attack my character, but couldn't seem to address the issue of how little Obama has done for blacks.
I love seeing just how desperate you people on the left are. Little ankle-biting dogs with lots of bark, but no bite.
Bite down on this....
then google "Mafia Winsome", Rand Cultist.....
Really? I doubt the validity of your little chart and even more, of anything I've read of your posts. Here is another chart labeled "Bureau of Labor Statistics", that shows just the opposite....
...or one from a .gov website:
In addition to that, under the Obama administration, the BLS changed the way they calculated their statistics. Those black people who have simply given up looking for work, are not included. How's that feel to be excluded even by your own "Hope & Change" government? You should be pissed.
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