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Truth is in favor of you and me; for the truth of our enemies whom we have been serving here in the U.S.A. for over 400 years (whom we did not know to be our enemies by nature) is the truth that the Black Man must have knowledge of to be able to keep from falling into the deceiving traps that are being laid by our enemies to catch us in their way which is opposed to the way of righteous of whom we are members. ~ The Honorable Elijah Muhammad

Monday, April 15, 2013

Black America Is Living Through a Great Economic Depression -- What's Obama Going to Do About It?

Friday’s job report was the continuation of a decades-long story of the nation still living with the echoes of its racist past. Unemployment among African Americans was measured at 13.3 percent. That’s more than one in eight African Americans looking for work but nonetheless out of a job. The white unemployment rate is half that, at 6.7 percent.

The persistence of disproportionate African-American unemployment is a capstone of the “heads-they-win-tails-we-lose” persistence of African Americans getting the worst when the economy declines and the least when the economy grows.

That pattern was repeated during the Great Recession. An essay on the black middle class in the National Urban League’s  “State of Black America 2012″ report contains some of the stark details, concluding that “almost all of the economic gains of the last 30 years have been lost” since late 2007, and worse, “the ladders of opportunity for reaching the black middle class are disappearing.”  | Alternet
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