Black America at the Bottom
by Margaret Kimberley
The nation’s economic news is grim indeed, and is the grimmest of all for black Americans. Recently released census data shows that while the median yearly income in this country is $50,000, it is only $32,000 for black people, the lowest of any other racial group in the country. Hispanics had a median income of $37,000, whites $49,000 and Asians $64,000.
Simply put, black Americans are at the absolute bottom of the economic heap in a county still teetering from the effects of a seemingly endless recession. The term recession is something of a misnomer because it does not adequately describe the worldwide crises endemic to capitalism. As western nations take their citizens on a dizzying race to the bottom with various austerity measures, the fate of people already on the bottom grows more precarious by the day.
If Barack Obama is re-elected, it is likely that black support for him will also continue, and the downward spiral will continue too.
It is difficult to imagine a worse scenario, but imagine it we must. The
Obama phenomenon has silenced a people who were once the most likely to
speak out against inequality and injustice. The death of movement
politics has made black people the perfect victims of the descent of
their nation’s and the world’s economies.
Source: Common Dreams Read the story here
Margaret Kimberley is a New York based writer and activist for peace and justice issues. She has been a columnist for Black Agenda Report since its inception, and was for four years the weekly columnist for Black Commentator. Her work has also appeared in the Dallas Morning News, the Chicago Defender, and on web sites such as Alternet, Counter Punch, Tom Paine and Buzzflash.
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