Showing posts with label Systemic Racism in America. Show all posts
Showing posts with label Systemic Racism in America. Show all posts

Thursday, September 3

Remembering Obama's Presidency

OBAMA PRESIDENT 2009-2017
Barack Obama was President of the United States from 2009 to 2017 or 8 years.

Barack Hussein Obama II is an American politician and attorney who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the United States. Wikipedia



What did Obama do for the Economy?
The economic policy of the Barack Obama administration was characterized by moderate tax increases on higher income Americans, designed to fund health care reform, reduce the federal budget deficit, and decrease income inequality. His first term (2009–2013) included measures designed to address the Great Recession and Subprime mortgage crisis, which began in 2007. These included a major stimulus package, banking regulation, and comprehensive healthcare reform. As the economy improved and job creation continued during his second term (2013–2017), the Bush tax cuts were allowed to expire for the highest income taxpayers and a spending sequester (cap) was implemented, to further reduce the deficit back to typical historical levels. The number of persons without health insurance was reduced by 20 million, reaching a record low level as a percent of the population. By the end of his second term, the number of persons with jobs, real median household income, stock market, and real household net worth were all at record levels, while the unemployment rate was well below historical average.  SOURCE:  Wikipedia


ATTENTION:  Look at the above chart and you will see that Obama did nothing to help improve higher positions among blacks from 2009-2017 while Asians and Hispanics were increasing substantially...  why do you think that was?

AND...  wasn't Joe Biden part of that decision making process?

BTW, the above chart was used in an article in July 2020 about Systemic Racism in America...  And so, if racism is systemic then it cannot be blamed on President Trump.  It must be blamed on the Presidents going back to 2004 (according to this chart) that PERPETUATED SYSTEMIC RACISM IN AMERICA AND OBAMA WAS PART OF THAT PROCESS...