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Divide and Conquer

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President Obama is asking the black community to vote for Democrats as a matter of racial solidarity. But the discouraging truth is that, while the economy has been tough on the middle class as a whole, it has been even worse for African Americans.

One African American who is fighting the divide-and-conquer strategy from politicians who think that black constituents will automatically pull the lever for Democrats is Elbert Guillory, a state lawmaker from Louisiana. In a powerful Internet spot, Mr. Guillory explains, “Mary Landrieu knows that she doesn’t have to do anything for our community, because no matter what she does 95% of us will line up and vote for her every time.”

Read here from the WSJ the bitter results on the economy and the reality facing African Americans after six years of Obama rule.

The last six years have been rough on middle class incomes broadly, but even worse for African Americans. Consider some basic economic statistics.

At the start of the President’s first term, the unemployment rate was 12.7% for blacks and 7.1% for whites. Four years later in January 2013 the numbers were 13.8% and 7%, respectively, which means that the black-white employment gap had widened. Today black unemployment is down to 11%, but it’s still more than double the white rate of 5.1%.

Or take the labor participation rate, which measures the share of the working-age population that is employed. The participation rate has sunk to lows last seen in 1978 for all Americans—62.7%, and for whites it is a tick better at 62.8%. But for black Americans it is a full percentage point lower at 61.7%. In December 2013 the rate fell to 60.2 for blacks.

Then there’s the black poverty rate. According to the most recent Census data, the overall U.S. poverty rate fell to 14.5% in 2013 from 15% a year earlier, but among blacks it was unchanged at 27.2%. When Mr. Obama took office, black poverty was 25.8%. By comparison, the white poverty rate was 11.5% in 2009 and 9.6% in 2013.

Median household incomes have fallen for nearly everyone under this President, but blacks are again slightly worse off than other groups. The median black household income fell to $34,598 in 2013 from $38,409 in 2009. For white households it fell to $58,270 from $62,545. Thus the black median household income was 61.4% of the white median in 2009 but had fallen to 59.4% in 2013—one more racial gap that has widened.

This dismal record helps explain why Democratic appeals to blacks this year play up racial fears rather than economic opportunity.

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Debbie Young

Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.