ALL IS NOT GOOD IN THE HOOD …
Back in September 2014, this website published a controversial article entitled “Barack Obama = Black-On-Black Crime.” Citing the latest economic data, we concluded the administration of U.S. president Barack Obama “has been especially harmful to black Americans – the constituency that helped deliver him the White House and breathlessly hailed his historic election as the most visible manifestation of a post-racial nation.”
“Can the administration of Obama be described as anything other than six years of black-on-black crime?” we wondered.
As America pauses to celebrate Martin Luther King, Jr. day – the next-to-last time Obama will observe this federal holiday honoring the slain civil rights leader – how are those numbers looking?
Not good …
According to the latest data from the U.S. Bureau of Labor Statistics (BLS), the black labor participation rate in the United States currently stands at a seasonally adjusted rate of 61.5 percent – down from 63 percent when Obama first took office. That may not sound like a precipitous decline, but it represents a steady erosion of working-age blacks participating in the work force.
Black wealth has also cratered. According to a December 2014 Pew Research Center analysis of Federal Reserve consumer financial data, the median net worth of black households plunged from $16,600 in 2010 to $11,000 in 2013 – a 33.7 percent decline. By comparison the median net worth of white households actually rose by 2.4 percent over the same time frame – from $138,600 to $141,900.
The same report found a modest 2 percent drop in white homeownership over the same period – from 75.3 to 73.9 percent – while black homeownership saw a much steeper decline, from 50.6 percent to 47.4 percent. Also, a recent report (.pdf here) from the left-leaning group Demos and the Institute for Assets and Social Policy (at Brandeis University) found the average white home equity valued at more than $86,000 – compared to only $50,000 for blacks.
Want more? Let’s talk about the next generation of black Americans … the ones who are in line to inherit this diminished economic clout.
According to a June 2015 Pew Research Center report, child poverty in America declined following the recession – dropping from 22 percent (16.3 million children) in 2010 to 20 percent (14.7 million children) in 2013. Good news, right? Sure … unless you are a black child. While the poverty rate fell across the boards for white, Hispanic and Asian children – it held steady at 38 percent for blacks.
“Black children were almost four times as likely as white or Asian children to be living in poverty,” the report found.
In fact for the first time ever, there are believed to be more black children in poverty than white children – even though white children comprise a far larger percentage of the overall population.
Again … all of this is after the Great Recession. Meaning Obama can’t blame it on anyone else. In fact, his government continues to make things worse for the very people he promised “hope and change.”
“Federal policies also reinforce the wealth gap, as many of them largely result in increasing the wealth of those who already have it,” columnist Laura Shin wrote for Forbes last spring.
Indeed … and lest anyone think we’re beating up exclusively on Obama, many of these crony capitalist policies have also been embraced by congressional “Republicans.” Same with Obama’s “open borders” policy – which make things even harder for black workers.
So … do blacks “get it?” Do they see what’s happening to their children and families under Obama’s reign?
No. Obama has consistently enjoyed the monolithic support of black voters – who backed him at a 95 percent clip in 2008 (and a 93 percent clip in 2012). Those numbers remain consistent today – with a January 2016 Fox News poll revealing that 92 percent of black respondents approved of Obama’s job performance (compared to only four percent who disapproved).
Unreal …
It’s also a bit ironic seeing as the S.C. Democratic Party chose to celebrate King’s holiday with this quote from the good Reverend: “We must learn to live together as brothers or perish together as fools.”
Indeed.
Look: There’s a lot this website doesn’t like about Martin Luther King, Jr., but we have consistently hailed his legacy as one aimed at expanding individual liberty and material prosperity for black Americans. Sadly, such liberty and prosperity remains purely aspirational under the Obama regime.
“Let’s unite not simply (to) honor Dr. King’s legacy; let’s work to continue to make it a reality,” the S.C. Democratic press release concluded.
We agree. In fact here in early-voting South Carolina, we look forward to the day when we can report that black leaders have actually started working as opposed to gaming the system for their own personal benefit.
76 comments
Obama doesn’t give a shit about black folks in this country unless the Democrat Party can reap some political benefit from it.
In my opinion one of the biggest reasons is that Obama is a ‘closet’ Muslim and a majority of blacks in this country are Christian.
He seems to care more about Muslims.
The mere thought of Barrack Obama and his accomplishments probably has Martin Luther King, Jr. turning over in his grave.
If Obama ever gave a crap about the welfare of black people he would not have been the biggest racist to occupy the White House in my lifetime.
Oh course this is just your opinion, but who takes you seriously? You are just a bozoo from Chesterfield County. Admit the fact you hate President Obama because he is black. So who is the “biggest racist”?
Obama’s rhetoric implies that the white man aspires to hold down the black man. The more people believe this, the more they rely of government to fix it. If Obama were a real leader who sincerely believed in MLK’s message, he would take a positive approach and not stir in up every time a white man shoots a black man.
Oh so apparently you think it is ok for a white man, and in many instances, white cops to shoot a black person? What is a leader to do, keep mum, and not say a word? A happy MLK Day to you and thanks for your inane comment.
I did not say that. However, cops carry guns for a reason. Unfortunately, they have to actually use their guns sometimes.
And thanks to wide spread usage of video cell phones, we are finding out that not all those shootings are justified.
SOME of the shootings are indeed not justified. Some cops make bad decisions and usually suffer the consequences. However to imply that there is some conspiracy among law enforcement that shooting black people is an agenda is ridiculous.
Obama’s rhetoric does no such thing. The Donald is sure doing a lot of minority scapegoating though. God forbid anyone gets upset when someone in authority unjustly shoots a person.
Obama jumps on it without taking time to know all the facts when a white man shoots a black man. That is not his job. We have a very good criminal justice system in place to discern the facts and prosecute the guilty.
It wasn’t Congress or Bush’s job to stick their nose in the affairs of Teri Schiavo and her husband either – but they did and on a bigger scale than Obama answering questions about someone being shot.
Teri Schiavo’s husband wanted her dead so that he could go on with his life and marry his girlfriend. Her parents did not want to euthanize her. In a situation like this, constituents often turn to their congressmen to intervene.
No he didn’t, but I know that’s what the busybodies want to believe. What’s laughable it is the same crowd that hollers about big government intruding into their lives, that are OK with the Schiavo case.
Yeah, like no one on the Right did that. Give me a break
I think you are right. Obama saw most domestic issues through the prism of race. He started with the minor Professor Gates/Policeman episode in Boston and that pretty much set the standard for the remainder of his two terms.
He could have asserted himself to be a peacemaker in Furgeson, Baltimore, Trayvon Martin,etc., but refused to play united, opting always for racial divided.
The country, after his two terms as President is more divided along racial lines, thanks in some part to Obama.
Can you provide an example?
Sit, Fred, Sit
Thanks shithead. You are not only stupid but boring. How is everything in Chesterfield County these days? Keeping your sheet and hood nice and clean.
Why is it, that someone cannot look at Barack Obama as a failure, and not be called a racist by a liberal? Is that all Democrats have to cling to, in a pathetic attempt to prop him up and make themselves feel like they’ve won an online debate?
I won’t waste my time with Fred. He is a troll. He loves coming in on the end of a discussion, make an absurd comment, declare himself the winner, and go back into his cave.
I
Please don’t flatter yourself by stating you have a following or that someone is “trolling” you. I find you rather stupid, narrow-minded and bigoted. Anyone who was brought in a place like Chesterfield County has very little to offer or contribute. Apparently you now enjoy making fun of Hillary Clinton with your childish and sexist comments about her. It only shows that you have no class whatsoever. Which cave should I go back into, as I have one here in SC and another up in New England? Play time is over asshole. Take your nap like a good little boy.
And you’d rather bicker and posture than engage in a dialogue. Why can’t someone criticize President Obama without being called a racist?
Bickering and posturing, me thinks not. But, hey you do a very good job in bickering and posturing yourself. In the posting on this blog I can’t decide who is more stupid you, the asshole erneba or that pompous ass the who calls himself the colonel. There is no way anyone can or has been able to engage another in a dialogue. You all are the classic followers of this bunch conservative republican lightweights, who are trying to convenience themselves that they can run this country. Let’s face it pal the GOP is in real trouble, and the moderates in the party are running scared. Four more years of THE DEMS.
I asked you a simple question and you’re still deflecting. Do you have some sort of cognitive disorder or are you willfully avoiding a conversation?
Many thanks for your snarky remark. And you ask why there is no way to engage in a conversation? Well certainly not a civil one.
There’s no way to engage in a conversation with someone that thrice avoided a simple question. As far as snark and lack of civility, you broke that seal by sophomoric name calling.
Sophomoric? How about your handle, “Fecal Matters”???? You are a guy that is NEVER -NEVER wrong. How the hell did you survive life, which matters? Have a good day pal and enjoy your very small world in this dumb ass state.
Care to speak to my original, very simple, question?
I’d like to remind all black people that my husband never raped any black women.
Vote for me.
It was consentual – and sensual
Shut up you dope. There’s a reason Chelsea is Webb’s daughter, & it’s not because I like dicks.
You just do as your told, it’s my turn in the lime light.
Aye, but he fathered a Black son by a prostitute who suffered a cocaine addiction at the time and YOU forbade the young man interaction with his father. Despite the questionable backgrounds of his two parents, I understand he has grown into a decent, industrious, young man.
I said he never RAPED any black women, not that he didn’t have sex with them.
That’s why black people should vote for me.
This needs to be brought to the media’s attention. Having a black stepson could help Hillary with the black vote.
I wouldn’t bet on that. We have a list of women that Bill raped. But surely, there are more women on that list who were afraid to come forward. He obviously has a zipper problem – we a can all agree on that. But worse, he also has a history of non-consensual sex (rape) with multiple women. According to Hillary, all of those women are liars and bimbos, not to be believed.
“I wouldn’t bet on that. ”
If you can’t prove it, there’s nothing more to say.
Black women loving having sex with white men- so Bill didn’t need to rape them.
Break out the Olde English 800!
http://www.moderndrunkardmagazine.com/issues/03_03/03-03_forty_fury.htm
I just want to remind y’all I get more pussy than Bill.
When 62 (down from 338 in 2010) individuals have the same wealth as 3.5 billion people combined and the top 1% own more than the rest of 99% combined what do you expect? The blacks have been at the bottom of the pile forever and the income equality gap has done nothing but widen. I lost a lot of wealth in the great recession and it took years to just get back to even. So I wouldn’t expect someone at the bottom rung to be in better shape, if they had little or nothing before the crash. The richer getting richer has been going on for a long time.
The poor people of today, compared to the poor people of 100 years ago, are dramatically different here in the US.
Today poor people are fat, all of them have cell phones and TV’s, most of them cars- unlike poor people of 100 years ago.
Even if the rich have gotten richer, the lives of poor people here in the US has also gotten much better.
BINGO! The rich do get richer. And the poor get richer.
For the English Majors, he ya go. Pretend there is an ROI of 10%. A poor man with only $1000 will have $1100 at the end of the year. A rich man with $100,000 will have $11,000 at the end of the year. The only way to reduce that $900 gap is to confiscate money from the rich man or lower the ROI so that both make less money which in turn will lesson the gap between the rich man and the poor man.
The we’ll have “equality” and all will be better.
*Then
Where did you get the idea that financial equality is a goal for America?
Are you saying equality doesn’t make things better?
Read my comment again SLOWLY. I was speaking of “financial equality”.
You’re a little soft in the head.
Sounds to me, like she is saying that her financial situation is not influenced by government, corporations or even Obama. She accepts that it is all on her.
You tell em sweetie!
You suck at math.
100 years ago most people didn’t have a bathtub, phone, or a car. The Davos report that was released reveals a trend of income equality that is getting worse – which has crept up on the middle class.
The poor today are living better than the rich of 100 years ago for the most part.
Only those that envy the rich care about fiscal inequality in the US. It’s not out of concern for the poor(who are doing ok).
Then I guess you think our government has done a grand job and all is well. Not me. As far as envy, I’d sure like to have the money back that I lost due to the feckless & greed of the top 1%.
You lost that money because you suck at investing. Everything is “caveat emptor”. Sure, there was some fraud, but it wasn’t enough to tank the entire stock market as there were deeper fundamental problems going on-& some people made money in the great bear market.(that includes me, I actually doubled my investments in 08/09)
Sure buddy, are you portrayed in the movie, The Big Short? The entire market tanked there were no safe havens.
hahaha…you’re so wrong. You didn’t even need to invest in the stock market to double your money, but if you were real slick, yes you could have shorted key stocks and made out like a bandit.
The fact you’d try to dispute this is laughable and shows your investing ignorance.
Hey, why don’t you quit watching so many movies and read up on mutual funds and the stock market?
Actually I haven’t seen the movie. And I have read quite a bit about the crash and the real culprits behind it.
Tell us how the top 1% folks took your money?
He thinks he’s entitled to permanent positive returns. When he doesn’t get them, it’s the banksters fault.
He shouldn’t have to research where he invests his money to see if his advisors are doing their job or if the banksters are lying on balance sheets.
Yes. It sounds like “Let me eat cake” doesn’t have a grasp on the risks of investments.
Who the heck do you think was responsible for the financial crash? The poor blacks living in the ghetto or the middle class working a 9-5 job?
One of the main reasons you lost so much wealth: http://www.huffingtonpost.com/robert-scheer/hillary-blames-bernie-for_b_9018360.html?ncid=txtlnkusaolp00000592&ref=yfp
I notice all of the state employees that frequent FITS all day long, are enjoying their taxpayer paid holiday today.
See the Obama hatefest continues here unabated.
Them Blacks just don’t know what’s good for em!
But Trump,Cruz Rubio etc etc do!
Vote Republican Dammit!Them Koch boys need another tax cut!
As a black, I very much appreciate that government workers & bankers get today off. It makes me feel equal because now we are all the same in that we aren’t working.
For those of you in the private sector that don’t have the day off, you can all kiss my black ass.
Dude, most of us don’t really “work” anyway when we show up to work. We spend most of our day surfing the internet, commenting on news sites, & pretending that we are productive.
So really, we aren’t that different from you even when it’s not MLK day. We’re ghettofabulous too.
Yeah, but you don’t get to drink beer and smoke weed all day.
Ok, good point.
A lot of black folks are simply a lost cause. No politician will ever change that.
The average I.Q. for all people is 100, Blacks included. The reason that Blacks are a lost cause is their inept leadership i.e. Clyburn, I.S., Sharpton, etc. men whose I.Q. hovers around 100.
Inconvenient truth.
https://en.m.wikipedia.org/wiki/The_Bell_Curve
What you talkin’ bout Willis?