The metaphor of the economy as a tide is particularly helpful. When the tide rises, our boats rise. When the tide falls, our boats fall. Just as water may not be subdivided to make some boats rise and others fall, our economy cannot be subdivided, either.
Similarly helpful is Democrat Daniel Moynihan’s longstanding observation: “During times when jobs were reasonably plentiful … the Negro family became stronger and more stable. As jobs became more and more difficult to find, the stability of the family became more and more difficult to maintain.”
Black families are faring worse than at any time in the last 25 years, and worse than at this point with President Obama than with Presidents G.W. Bush, Clinton, H.W. Bush, Reagan, and even Carter. These presidential comparisons span a period of almost four decades.
Black Adults. Black unemployment has been persistently high for a long time. Likewise, median weeks unemployed are higher than under any other president. These facts are testaments to the ineffectiveness of the Obama presidency. We are experiencing a 28-year high in black unemployment; but unlike January 1983, when black unemployment spiked but then soon improved, Barack Obama’s black unemployment has hovered in the 14%-16% range for over three years (now 14.1%).
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