A discussion of race, politics, media and the like… What I see is what you get.

Posts tagged “economics

Maddow: Shameless, Craven, Unprincipled, Partisan Hackery…


These guys are the height of unprincipled…except when it comes to undercutting the President…
They have blocked policies that they themselves have initiated or co-sponsored or supported, as far back as ’08, as soon as the President says he agrees with it. Too often this sort of context is missed by the mainstream media and the Repugs continue this unpatriotic behaviour and get off scot-free. This portion of the political debate needs more light given to it and the American people need to make these hacks pay…

: Shameless, craven, unprincipled, partisan hackery.


Obama Breaks Vow with Jobless Blacks


A legitimate critique…

“Today’s economy has made it easier to fall into poverty. … Every American is vulnerable to the insecurities and anxieties of this new economy. And that’s why the single most important focus of my economic agenda as president will be to pursue policies that create jobs and make work pay,” Obama said that day to his mostly black audience.

At that time, the nation’s overall unemployment rate was 4.7%. Whites had a jobless rate of 4.2% while the black unemployment rate stood at 8.1%. Today, the black rate is 15.5%, nearly double that of white job-seekers.

I don’t blame Obama for the economic conditions that are responsible for so many blacks being out of work. The seeds of this problem were planted long before he moved into the Oval Office. But I do fault him for not doing more to fix this problem.

The poor in urban America, he said in that 2007 speech, “suffer most from a politics that has been tipped in favor of those with the most money, and influence, and power.” And then he asked rhetorically, “How can a country like this allow it?” To which he answered, “We can’t.”

But so far, under his leadership, he has allowed it.

Finding work for the jobless is the best anti-poverty program this nation can mount. But while the Obama administration spends $608 million during the first 17 days of its involvement in Libya’s civil war — it can muster neither the money nor the will to combat black unemployment. – DeWayne Wickham

via Column: Obama breaks vow with jobless blacks – USATODAY.com.