#4 Last August, BuzzCharts pointed out that black unemployment was historically low. Since then, it has fallen even further. In fact, it has dropped from 10.6 percent in November to 9.3 percent in December to 8.9 percent in January. Jeebus, 1.7 percentage points in 3 months? Wonder how this breaks down for us crackers? You have to go all the way back to July 2001 to find lower levels of black unemployment. Uh, wasn't Bush President then too? No credit there, though, eh?
This drop also undercuts the stereotype that the Democratic party is somehow the party that looks out for minorities: Today’s level of black unemployment is lower than the 9.5 percent average realized between 1995 and 2000, supposedly the height of Clinton’s “economic miracle.” So much for America's "first black President," eh? |