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Wednesday, November 30, 2011

Walter Russell Meade - Blue Storm Batters Black America

Walter Russell Meade - Blue Storm Batters Black America



By Dell Hill via Walter Russell Meade

Blue Storm Batters Black America

                                                     
“At the beginning of the year, I wrote that the coming changes to our workforce and the demise of the blue social model would strike at the heart of the Black middle class. One year later, it is clear that 2011 was a calamitous year for the Black middle class, and more is to come. The New York Times reports:

Though the recession and continuing economic downturn has been devastating to the American middle class as a whole, the two and a half years since the declared end of the recession have been singularly harmful to middle-class blacks in terms of layoffs and unemployment, according to economists and recent government data. About one in five black workers have public-sector jobs, and African-American workers are one-third more likely than white ones to be employed in the public sector. [...]
The central role played by government employment in black communities is hard to overstate. African-Americans in the public sector earn 25 percent more than other black workers, and the jobs have long been regarded as respectable, stable work for college graduates, allowing many to buy homes, send children to private colleges and achieve other markers of middle-class life that were otherwise closed to them.

Blacks have relied on government jobs in large numbers since at least Reconstruction, when the United States Postal Service hired freed slaves. The relationship continued through a century during which racial discrimination barred blacks from many private-sector jobs, and carried over into the 1960s when government was vastly expanded to provide more services, like bus lines to new suburbs, additional public hospitals and schools, and more. [...]

A study by the Brookings Institution in 2007 found that fewer than one-third of blacks born to middle-class parents went on to earn incomes greater than their parents, compared with more than two-thirds of whites from the same income bracket. The foreclosure crisis also wiped out a large part of a generation of black homeowner

This is harrowing news, if unsurprising, and its repercussions will be felt beyond Black America. The civil rights movement and the emergence of a Black middle class has been one of America’s greatest successes of the 20th century, now Black families are seeing decades of progress unravel in the span of two years.”

Read the entire piece by clicking right here.

As Insty suggests...”I guess things aren’t living up to those 2008 hopes.



Incredibly, the man who was to become their savior is the very man who is not only NOT their savior, he’s the man destroying them and the entire country, right along with them.

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