Saturday, July 21, 2012

How Obama Has Failed the Black Community

Recall the euphoria that engulfed the African-American community back in 2008, when Barack Obama became the 44th president of the United States.  Blacks came out for him in droves and voted for him at an astounding 96% level.  Times, they were a-changin', so to speak.  It was the dawning of a new era, as a large dose of hope and change was on its way to the county as a whole, and specifically to the African-American community.  Now, almost four years later, it's clear that Obama has done nothing to improve the way of life among blacks as a whole.  In fact, statistics show that life has actually regressed for African-Americans under Obama.
As of June, the African-American unemployment rate is a staggering 14.4%, with Latinos and Hispanics having an unemployment rate of about 11.0%, while the unemployment rate for whites is 7.4%.  Compare these rates to December 2008, the final month before Barack Obama stepped into the Oval Office.  Whites were unemployed at the rate of 6.6% and Hispanics were at a rate of 9.2%, while blacks had an 11.9% rate of unemployment. 
Blacks have taken it in the chin to a greater degree than other demographic groups in the labor market during Obama's economic disaster.  Essentially, one out of every seven African-Americans is unemployed.  Still, there is worse economic news for the African-American community while under the president for whom they cast 96% of their ballots in November 2008.

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