Sunday, July 10, 2011

Black economic gains reversed

Growing up black in the segregated 1960s, Deborah Goldring slept two to a bed, got evicted from apartment after apartment, and watched her stepfather climb utility poles to turn their disconnected lights back on. Yet Goldring pulled herself out of poverty and earned a middle-class life — until the Great Recession.

. . . But for Goldring and many others in the black community, where unemployment has risen since the end of the recession, job loss has knocked them out of the middle class and back into poverty. Some even see a historic reversal of hard-won economic gains that took black people decades to achieve.

. . . Since the end of the recession, the overall unemployment rate has fallen from 9.4 to 9.1 percent, while the black unemployment rate has risen from 14.7 to 16.2 percent, according to the Department of Labor.
http://www.washingtonpost.com/national/after-decades-of-hard-fought-progress-black-economic-gains-were-reversed-in-great-recession/2011/07/09/gIQApejo5H_story.html

If Hillary Clinton or John McCain were president, wouldn't Al Sharpton and Jesse Jackson be leading protests and attributing this to racism at the top?

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