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The nation’s first African-American President has severely damaged his fellow blacks citizens in three crucial ways: By his economic policies, by making blacks less independent, and by showing his own incompetence as leader of a country. Obama undoubtedly has dashed the hopes of many of the 96 percent of black voters who supported Obama for the presidency, as measured by exit polls.
The U.S. Department of Labor in September reported that black unemployment rose to 16.3 in August from 15.6 percent in July, according to a Sept. 8 Politico story. The increase was considerably more than for either Whites or Hispanics. Total unemployment stood at 9.6 percent, Politico reported. Joblessness has been rising in large part because these workers are not qualified for what jobs presently are available or jobs that may open up in the future. Labor Secretary Hilda Solis explained in a CNBC interview that future employment in infrastructure building and in clean energy areas will require high skill levels. This means a large percentage of the unemployed will have to be retrained.
Over the past few years, many African-Americans have been leaving the workforce. In 2008, for example, approximately 15,953,000 blacks held jobs. By the end of 2009, there were only 15,025,000 employed. During that period, the percentage of blacks working in construction, maintenance, production, and transportation fell. In 2008, 16.2 percent of African-Americans were working in transportation, production, or material-moving jobs. But that percentage dropped to 14.3 percent in 2009. The amount of blacks in 2008 who were working in natural resources, construction, or maintenance in 2008 was 6.4 percent; but in 2009 it was 6.1 percent. Black managers and professions have done a bit better. And service occupations saw an increase too
An Economic Policy Institute report of Oct. 8 said the September unemployment report by the BLS put the unemployment rate among blacks at 16.1 percent, an increase of 7.1 percent since the recession began in December 2007.
The Bureau of Labor Statistics reported construction’s deep problems when joblessness hit 22.7 percent in that industry, an area where many blacks have found employment in the past. On Oct. 14, Obama made a stunning admission. After repeatedly telling the country there were innumerable “shovel-ready jobs” available, he said there really never were any shovel-ready projects nor shovel ready jobs. As columnist and commentator Charles Krauthammer reacted: “You know, a year and a half a trillion dollars later he says these things that I talked about endlessly don’t exist….Having never worked in the private sector, he wouldn’t be sure what a project is and there isn’t a lot of shoveling at Harvard Law School.” At least not constructive shoveling. The gigantic run-up in spending and debt has given Americans—black and white—reason to question whether their children will inherit a dismal financial future.
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