Unemployment is worse for Blacks under Obama Administration

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    Jun 05, 2012 6:02 AM GMT
    http://blogs.the-american-interest.com/wrm/2012/06/03/unemployment-increase-worse-for-blacks/

    Last Friday’s unemployment news crashed the stock market and upended the presidential race. Lost in the excitement, however, was the news that African-American unemployment, already significantly above general levels, rose by much more.

    Nationally, unemployment in May rose from 8.1 percent to 8.2. This is bad, especially considering how much time has passed since our economic troubles began, but it is less than catastrophic. As the Root reports, for African-Americans, however, the news was much, much worse. Unemployment among Blacks rose from 13.0 percent to 13.6 percent.

    This is serious news for a population that is already under great economic strain.


    Also noteworthy:
    http://m.usatoday.com/article/news/politics/707388

    One fallout from Friday's poor jobs report: President Obama will almost surely have to win re-election with a record high unemployment rate for modern incumbents.


    Which is why the GOP is having a field day with ads like this:
  • MikemikeMike

    Posts: 6932

    Jun 05, 2012 6:05 AM GMT
    no worries it is no longer "cool" to vote for obama- younger people know it well now.
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    Jun 05, 2012 6:18 AM GMT
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.


    I suspect that the younger people will just stay home. 2008 was anomalous because more young people came out and more older people stayed in... I suspect 2012 will be different and those that do vote will note the soaring unemployment rates particularly amongst the young.
  • calibro

    Posts: 8888

    Jun 05, 2012 1:39 PM GMT
    perhaps, if you weren't so quick to jump on the president, you'd stop to ask the question of if one month's worth of unemployment change is indicative of overall increase of unemployment. yes, the figure rose, and is still higher than when he took office, but it has been dropping since the peak of the recession.

    chart-black-jobless-rate.top.gif
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    Jun 05, 2012 1:40 PM GMT
    riddler78 saidhttp://blogs.the-american-interest.com/wrm/2012/06/03/unemployment-increase-worse-for-blacks/

    Last Friday’s unemployment news crashed the stock market and upended the presidential race. Lost in the excitement, however, was the news that African-American unemployment, already significantly above general levels, rose by much more.

    Nationally, unemployment in May rose from 8.1 percent to 8.2. This is bad, especially considering how much time has passed since our economic troubles began, but it is less than catastrophic. As the Root reports, for African-Americans, however, the news was much, much worse. Unemployment among Blacks rose from 13.0 percent to 13.6 percent.

    This is serious news for a population that is already under great economic strain.


    Also noteworthy:
    http://m.usatoday.com/article/news/politics/707388

    One fallout from Friday's poor jobs report: President Obama will almost surely have to win re-election with a record high unemployment rate for modern incumbents.


    Which is why the GOP is having a field day with ads like this:


    As if you really cared about the African American community in the US riddiot....
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    Jun 05, 2012 1:42 PM GMT
    riddler78 said
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.


    I suspect that the younger people will just stay home. 2008 was anomalous because more young people came out and more older people stayed in... I suspect 2012 will be different and those that do vote will note the soaring unemployment rates particularly amongst the young.


    I suspect if Obama wins a second term, riddiot will disappear from the face of these forums....
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    Jun 05, 2012 1:52 PM GMT
    The Economy will be bad regardless the President. Everyone seems to forget the economic downfall happened in 2008. Who was President then?? Doesn't seem to matter if its a republican or democrat in office.
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    Jun 05, 2012 1:59 PM GMT
    southbeach1500 said
    msuNtx saidThe Economy will be bad regardless the President. Everyone seems to forget the economic downfall happened in 2008. Who was President then?? Doesn't seem to matter if its a republican or democrat in office.


    While it's true that the President - and the Federal government - can't spend a country to a good economy, they can put into place policies that will hinder and/or cripple an economy.

    That's what caused the 2008 crash and that's what has sabotaged what would have been an otherwise normal economic recovery.


    That is true, however the policies implemented only make minimal gains. it is up to Americans to solve this mess and can do it without politicians.
    Stop shipping American jobs overseas makes sense to me.
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    Jun 05, 2012 2:03 PM GMT
    southbeach1500 saidUnemployment is worse for Blacks under Obama Administration

    It's also much worse for Hispanics.

    And Asians.

    And Whites.

    And even for illegal immigrants.


    The "Obama Economy" is truly a disaster.

    Closedfactory.jpg


    Youre thinking about the Bush Depression losing 400-700k jobs per month.
    The Obama economy is adding jobs and is stronger than 4 years ago.
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    Jun 05, 2012 2:03 PM GMT
    ", they can put into place policies that will hinder and/or cripple an economy.

    That's what caused the 2008 crash and that's what has sabotaged what would have been an otherwise normal economic recovery. "

    George W. Bush, President Jan. 20, 2001 to Jan 20, 2009

    QUESTION FOR SOUTHBEACH:

    HOW DID THE BUSH POLICIES "hinder and/or cripple" the economy....


    LEADING TO "That's what caused the 2008 crash". ?

    DISCUSS.
  • vintovka

    Posts: 588

    Jun 05, 2012 2:04 PM GMT
    msuNtx saidThe Economy will be bad regardless the President. Everyone seems to forget the economic downfall happened in 2008. Who was President then?? Doesn't seem to matter if its a republican or democrat in office.


    ^^ +1 ^^

    People conveniently confuse causation and correlation.

    Correlation: The Queen's Jubilee is this week, the stock market went down.

    Causation: Therefore the stock market went down because the Queen is having her Jubilee.
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    Jun 05, 2012 2:04 PM GMT
    southbeach1500 said
    msuNtx saidThe Economy will be bad regardless the President. Everyone seems to forget the economic downfall happened in 2008. Who was President then?? Doesn't seem to matter if its a republican or democrat in office.


    While it's true that the President - and the Federal government - can't spend a country to a good economy, they can put into place policies that will hinder and/or cripple an economy.

    That's what caused the 2008 crash and that's what has sabotaged what would have been an otherwise normal economic recovery.


    Just so you can remember what you wrote ^^^^
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    Jun 05, 2012 2:15 PM GMT
    Balancing said
    southbeach1500 said
    msuNtx saidThe Economy will be bad regardless the President. Everyone seems to forget the economic downfall happened in 2008. Who was President then?? Doesn't seem to matter if its a republican or democrat in office.


    While it's true that the President - and the Federal government - can't spend a country to a good economy, they can put into place policies that will hinder and/or cripple an economy.

    That's what caused the 2008 crash and that's what has sabotaged what would have been an otherwise normal economic recovery.


    Just so you can remember what you wrote ^^^^


    SB schtick is to post the most preposterous right wing talking points and anti Obama rhetoric in his threads/posts. He spends his entire day embracing this tactic for no apparent purpose other than entertainment. Even has various sock accounts that discuss amongst themselves and agree with each other. Really quite disturbing if u think about it.
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    Jun 05, 2012 2:32 PM GMT
    calibro saidperhaps, if you weren't so quick to jump on the president, you'd stop to ask the question of if one month's worth of unemployment change is indicative of overall increase of unemployment. yes, the figure rose, and is still higher than when he took office, but it has been dropping since the peak of the recession.

    chart-black-jobless-rate.top.gif


    Here's the biggest issue when it comes to the unemployment - which actually minimizes the problem:

    Labor-Force-Rate_lightbox.jpg
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    Jun 05, 2012 2:34 PM GMT
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.

    Unless they plan to be union lifers, what's in an Obama vote for young Americans?
    http://www.realjock.com/gayforums/2344442/
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    Jun 05, 2012 2:46 PM GMT
    msuNtx saidThe Economy will be bad regardless the President. Everyone seems to forget the economic downfall happened in 2008. Who was President then?? Doesn't seem to matter if its a republican or democrat in office.


    No one forgets the economic downturn as a result of the financial crisis - how could anyone forget given that the current Obama Administration blames everything on the Bush Administration?

    It's been 4 years however, and this is one of the worst recoveries the US has had on record. I'm generally not a big believer that Presidents can have that much of an effect in the short term, but it has been 4 years - and what we have seen is a dramatic rise in spending with few gains but ballooning debt without any attempt to contain entitlements, a poorly written healthcare law that is causing at least some to consider how they hire - even those to abandon their private healthcare plans (and an ideological attack on health savings accounts), abandonment of a strong dollar policy, financial institutions getting bigger (too big to fail).

    Don't get me wrong, I think with the recent crowdfunding legislation - which was actually a deregulation of sorts was a great idea and time will tell whether there are a number of interesting businesses to come out of that, but things like increasing minimum wage make it more difficult for small businesses to hire, making it more difficult to pump for oil increase prices higher than they need to be at the pump over the long run, and spending money on connected "green" businesses will increase taxes and interest rates over the longer term.
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    Jun 05, 2012 2:49 PM GMT
    socalfitness said
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.

    Unless they plan to be union lifers, what's in an Obama vote for young Americans?
    http://www.realjock.com/gayforums/2344442/


    Same sex marriage maybe? Gay rights? Equality for all maybe?
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    Jun 05, 2012 2:56 PM GMT
    catfish5 said
    socalfitness said
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.

    Unless they plan to be union lifers, what's in an Obama vote for young Americans?
    http://www.realjock.com/gayforums/2344442/


    Same sex marriage maybe? Gay rights? Equality for all maybe?


    There is a reason Romney doesn't ever go to college campuses. He has no shot of winning the young vote. He can thank Ron Paul.
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    Jun 05, 2012 3:03 PM GMT
    msuNtx said
    catfish5 said
    socalfitness said
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.

    Unless they plan to be union lifers, what's in an Obama vote for young Americans?
    http://www.realjock.com/gayforums/2344442/


    Same sex marriage maybe? Gay rights? Equality for all maybe?


    There is a reason Romney doesn't ever go to college campuses. He has no shot of winning the young vote. He can thank Ron Paul.


    For various reasons, college students in general do not vote. While they were enthusiastic supporters in general of Obama last time around, this time looks like it will be different because he didn't bring "change" - things got worse for many students. And then just have a look at unsustainable level of student debt...
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    Jun 05, 2012 3:23 PM GMT
    riddler78 said
    msuNtx said
    catfish5 said
    socalfitness said
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.

    Unless they plan to be union lifers, what's in an Obama vote for young Americans?
    http://www.realjock.com/gayforums/2344442/


    Same sex marriage maybe? Gay rights? Equality for all maybe?


    There is a reason Romney doesn't ever go to college campuses. He has no shot of winning the young vote. He can thank Ron Paul.


    For various reasons, college students in general do not vote. While they were enthusiastic supporters in general of Obama last time around, this time looks like it will be different because he didn't bring "change" - things got worse for many students. And then just have a look at unsustainable level of student debt...


    Lies. He did bring change. How did things get worse for students due to Obama? The students that voted for Obama are no longer students. This is a new generation of students looking at different issues.
  • mustangd

    Posts: 434

    Jun 05, 2012 3:33 PM GMT
    the real reason(s) un-employment is where its at, for all ethnic groups, is that techology has replaced jobs, and jobs have moved outside the United States as corporations chase profit with little or no loyalty to America. There are simply fewer jobs that pay at a level that support a family, and allow them to have some measure of disposable income that is discretionary, which supports other jobs, through discretionary purchases and services rendered.

    while there are democrats who have voted along with republicans who favor corporate profit over what is best for our nation, it is the republican party that is now a wholly owned subsidiary of corporatee agenda(s) that is responsible for the un-employment rate. they are returning us to a time of the early 1930's, abundant cheap labor, less and less union power, less and less environmental and worker safety protection.

    again, there are democrats who have sold their souls alongside their republican brethren, but make no mistake, the GOP is nothing like the party of Eisenhower, who put nation above profit, or Nixon, who started the EPA. the current republican party is nothing more than a beard, their agenda is profit above all. what is amazing, is how they have become masters of deceit and manipulation, getting people to vote against their best interests.

    look at the influence the new republicans have purchased in all levels of government, legislative and judicial, and now they seek the capstone, the presidency. look at thow they have used parliamentary procedures at unprecidented levels to obstruct the current government during a time of national economic crisis, that they themselves are largely responsible for causing.

    remember how things were in january of 2001? a balanced budget, a deficit of just over $5 trillion, no wars. low un-employment. now, factor in ignoring national threat assesments in august of 2001, which lead to a terrorist attack, which lead to 2 unfunded wars that we are still fighting/spending on. a complete dis-interest in financial reform, which in fact is a desire to completely de-regulate to make for more profit, along with a tax plan that benefits corporations to move ouside the country, while lowering the capital gains tax, and top tax rates, which simply further fuels investment outside the United States.

    the rich aren't the rich anymore, they are the "job creators", they have enjoyed some of the lowest tax rates in our nations history for over 12 years now, and yet look at the un-employment rates, if they are the job creators, where are the jobs being created?

  • CuriousJockAZ

    Posts: 19129

    Jun 05, 2012 3:35 PM GMT
    MikemikeMike saidno worries it is no longer "cool" to vote for obama- younger people know it well now.



    This is so true. I remember 4 years ago, all of the younger people I know seemed to be on the Pro-Obama bandwagon. The whole country sort of got caught up in the romanticized idea of FINALLY having an African-American president, plus the country was just ready for a change anyway. However, I feel a whole different kind of sentiment coming from the younger people this time around. Many, though certainly not all, are very anti-Obama. That's not to say they are necessarily pro-Romney, but there is definitely this sense that the Honeymoon is soooo over for Obama and that he is going to have a far tougher hill to climb this election. With every passing day, I get a greater sense that there is a very real possibility that he may not get re-elected. Wishful thinking? No, not really, because personally I am still on the fence about this election. For me a lot will depend on Romney's V.P. choice, as well as his performances in the debates.
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    Jun 05, 2012 3:35 PM GMT
    mustangd saidthe real reason(s) un-empoyment is where its at, for all ethnic groups, is that techology has replaced jobs, and jobs have moved outside the United States as corporations chase profit with little or no loyalty to America. There are simply fewer jobs that pay at a level that support a family, and allow them to have some measure of disposable income that is discretionary, which supports other jobs, through discretionary purchases and services rendered.

    while there are democrats who have voted along with republicans who favor corporate profit over what is best for our nation, it is the republican party that is now a wholly owned subsidiary of corproate agenda(s) that is responsible for the un-employment rate. they are returning us to a time of the early 1930's, abundant cheap labor, less and less union power, less and less environmental and worker safety protection.

    again, there are democrats who have sold their souls alongside their republican brethren, but make no mistake, the GOP is nothing like the party of Eisenhower, who put nation above profit, or Nixon, who started the EPA. the current republican party is nothing more than a beard, their agenda is profit above all. what is amazing, is how they have become masters of deceit and manipulation, getting people to vote against their best interests.

    look at the influence the new republicans have purchased in all levels of government, legislative and judicial, and now they seek the capstone, the presidency. look at thow they have used parlimentary procedures at unprecidented levels to obstruct the current government during a time of national economic crisis, that they themselves are largely responsible for causing.

    remember how things were in january of 2001? a balanced budget, a deficit of just over $5 trillion, no wars. low un-employment. now, factor in ignoring national threat assesments in august of 2001, which lead to a terrorist attack, which lead to 2 unfunded wars that we are still fighting/spending on. a complete dis-interst in financial reform, which in fact is a desire to completely de-regulate to make for more profit, along with a tax plan that benefits corporations to move ouside the country, while lowering the capital gains tax, and top tax rates, which simply further fuels investment outside the United States.

    the rich aren't the rich anymore, they are the "job creators", they have enjoyed some of the lowest tax rates in our nations history for over 12 years now, and yet look at the un-employment rates, if they are the job creators, where are the jobs being created?


    ++++++1,000,000. Technology and shipping jobs overseas are the biggest issues. A computer can do what a normal 5 people do.
  • calibro

    Posts: 8888

    Jun 05, 2012 3:38 PM GMT
    riddler78 said
    calibro saidperhaps, if you weren't so quick to jump on the president, you'd stop to ask the question of if one month's worth of unemployment change is indicative of overall increase of unemployment. yes, the figure rose, and is still higher than when he took office, but it has been dropping since the peak of the recession.

    chart-black-jobless-rate.top.gif


    Here's the biggest issue when it comes to the unemployment - which actually minimizes the problem:

    Labor-Force-Rate_lightbox.jpg


    so let me get this straight... you start a thread about obama being bad for the employment of african americans, all based on a month's change in change reports... and after i show you a graph showing that figure is actually better than where the figures were during the height of the recession, you completely switch gears to a chart on the labor force participation rate... one that shows only a few changes in percentage points over the course of years (your graph is skewed to make it appear more significant)... and has nothing to do directly with african americans... even though labor force participation rate and the employment rate are two different indexes... do you have an argument you want to stick to or are you just throwing out soundbites of inflammatory statements in the hopes that no one is smart enough to see through your logical pitfalls?
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    Jun 05, 2012 3:39 PM GMT
    I don't see the relevancy of the post, unless the OP is suggesting that blacks should do better now that we have a president who's father was black? But why should they do better? The connection is rhetorical, not logical. Its like saying that Mormons ought to do better under Romney, and that Baptists should have enjoyed lower unemployment under Jimmy Carter. It just doesn't make any sense.

    The Bush-era financial collapse and recession, which the world has not yet climbed out of, has hit blue-collar, high-school educated people in the US the hardest. Blacks fall into this demographic. No big revelation there. Second, the president has made it clear from the beginning that he is does NOT grant special favours to blacks in his policy choices.