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Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
Keywords:
Once again the unemployment statistics lie- women's unemployment at 5.7% in 2014 does not reflect the real story. The number of women employed in 2014 is 55.2%, worse than in Oct. 2010. Many women looking for work give up and drop out of the work force, these women have not vanished, they are simply not being counted in the frequently quoted unemployment statistic. This spells bad news for Democrats in the midterm 2014 elections- today the households making less than 30,000 are almost evenly split on whether they vote Republican or Democratic 43% to 46%, according to polls by Pew Research Center, compared to the 2012 presidential election figures of 35% to 63%. Interestingly the reverse is true for voters with incomes over $100,000 where voters are about evenly split for Republican or Democratic choices for Congress. In 2012 presidential elections the Republicans had a 10 percentage point lead for this income group. Democratic advisors Carville and Greenberg advise not even mentioning the word "recovery" for the U.S. midterm 2014 Congressional elections. About 6.7 million people had multiple jobs in 2010, the figure now is 7 million. About 2.62 million people say they had part time jobs because they could not find full time work in April 2014 up from 2.57 million in Oct. 2010. A separate piece in the WSJ May 20, 2014, shows 10 million U.S. households under water on mortgages and another 10 million households having less than 20% equity in their homes in 2014.
The homeowner lending boom pushed by unscruplous elements turns out to be a scourge for minorities.
10/11/2007
HUD Sec. Shaun Donovan calls the subprime lending a scourge for minorities, as foreclosures are hitting the minority neighborhoods the hardest. It may even widen the disparity in incomes between minorities and whites as the middle class black homeowners in places like New York State are losing ground.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
What would MLK say to President Obama? - The Washington Post
Washington Post 08/28/2011
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09/13/2013
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05/16/2014
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
New York Times 05/19/2014
Disillusionment with President Obama among Black-Americans from Roland Hanna at Columbia University to Frederick Harris, a novelist in the South
01/20/2009
The best many Black-Americans can say about Obama is that he talked a good game in 2008 but did little for minorities. The same is true for Hispanics as the piece by Wallstein in the Washington Post on June 10, 2012, documents in great detail.
Grouped Articles
What would MLK say to President Obama? - The Washington Post
Washington Post 08/28/2011
Uneven Election Success for Black Politicians
Wall Street Journal 08/28/2013
Obama, Empathy and the Midterms
New York Times 09/25/2010
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Blacks, Obama and the Election
New York Times 11/02/2014
Unrest Over Race Is Testing Obama’s Legacy
New York Times 12/08/2014
Roseland on Chicago's South Side, black poverty and Obama
01/18/2009
A sense that the earlier dedication to helping Roseland and places like it that need a special kind of help is missing from the President. Obama's advisers speak of inclusiveness and helping all minorities and the working class, yet while the stimulus helped the economy after the financial crisis, the lack of help to millions of homeowners facing foreclosure worsened the situation for minorities and the struggling middle class.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
Obama, Empathy and the Midterms
New York Times 09/25/2010
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Raised Hands, and the Doubts of a Grand Jury
New York Times 11/29/2014
Unrest Over Race Is Testing Obama’s Legacy
New York Times 12/08/2014
New York Times 04/20/2015
The groups, Hispanics, Catholics, women and the strategy that put Obama over the top.
01/27/2008
Obama's Hispanic and Catholic strategies and their execution over 2006-2008.
Grouped Articles
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Blacks, Obama and the Election
New York Times 11/02/2014
Donald Trump’s Gender-Based Attacks on Hillary Clinton Have Calculated Risk
New York Times 04/28/2016
Obama Sweeps to Historic Victory
Wall Street Journal 11/06/2008
Big Turnout of Latino Voters Boosted Obama
Wall Street Journal 11/06/2008
Democrats Gain With Religious Voters
Wall Street Journal 11/06/2008
U.S. president Obama and black Americans- hope and reality 2008-2015
05/19/2014
Grouped Articles
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Blacks, Obama and the Election
New York Times 11/02/2014
Unrest Over Race Is Testing Obama’s Legacy
New York Times 12/08/2014
Obama, at Selma Memorial, Says, ‘We Know the March Is Not Yet Over’
New York Times 03/07/2015
Proud of Obama’s Presidency, Blacks Are Sad to See Him Go
New York Times 03/12/2016
Has Barack Obama Hurt Race Relations?
The New York Times 07/13/2016
Black people and the Obama presidency
11/05/2008
A sense that incomes fell, job losses increased and foreclosures on homes increased for black people under the Obama presidency. The same is true for the white middle class and for other minorities. Suggesting that policies that improve the economy and conditions for all middle class and working class Americans is the best hope for all minorities.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
What would MLK say to President Obama? - The Washington Post
Washington Post 08/28/2011
Uneven Election Success for Black Politicians
Wall Street Journal 08/28/2013
Obama, Empathy and the Midterms
New York Times 09/25/2010
A Time to Reap for Foot Soldiers of Civil Rights
New York Times 11/05/2008
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
John Lewis, Cornel West, and other black leaders on the Obama administration and the impact of its policies on minorities
01/20/2009
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
Obama, Empathy and the Midterms
New York Times 09/25/2010
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Blacks, Obama and the Election
New York Times 11/02/2014
Unrest Over Race Is Testing Obama’s Legacy
New York Times 12/08/2014
Cornel West joins Bernie Sanders on the campaign trail in South Carolina - The Washington Post
Washington Post 09/13/2015
Wealth gap in the U.S. between whites and minorities- devastating impact of the recession of 2008
01/05/2009
Hispanics and blacks counted housing equity as a much bigger part of their assets than whites. The recession and financial crisis of 2008 wiped out fully two thirds of the median net worth of Hispanic families and one half for Black families, with both groups having close to $6000 in total median net worth in 2010, according to data from Pew surveys.The recession has proved to be severe in its impact on minorities, and the election of a black president has done little to improve things- especially considering the dismal record of the Obama administration in helping prevent foreclosures.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09/13/2013
Obama, Empathy and the Midterms
New York Times 09/25/2010
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05/16/2014
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Geithner Book Reveals Consensus, Not VIsion, During Financial Crisis
New York Times 05/21/2014
U.S. president Obama and Hispanic immigrants- promises, hope and reality 2008-2015
04/09/2009
Grouped Articles
Obama to Push Immigration Bill Despite the Risks
New York Times 04/09/2009
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Frustrated Hispanics Are Down on This Year’s Midterms
Wall Street Journal 10/17/2014
Blacks, Obama and the Election
New York Times 11/02/2014
Job Growth for Hispanics Is Outpacing Other Groups
New York Times 03/08/2015
Opinion: Don’t underestimate Trump's new immigration rules | Opinion | DW.COM | 22.02.2017
DW.COM 02/22/2017
More women without jobs in 2014 compared to 2010, and the 20% of U.S. households in 2014 either underwater or with less than 20% equity in their homes
05/19/2014
Most parts of the Democratic base badly damaged in the Obama administration's policy decisions in the housing and mortgage crisis of 2008-2009. A delayed economic recovery with weakness in consumer spending as one of the predictable outcomes of the policy decisions taken for homeowners.
Linked Articles
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Mortgage, Home-Equity Woes Linger
Wall Street Journal 05/20/2014
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