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The ‘hollowing’ of the middle class? - The Washington Post

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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.

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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

National Public Radio's (NPR) interview with U.S. president Obama in Dec. 2015 on his views on the white working class, Trump, and the war in Syria and Iraq

12/21/2015

U.S. president Obama says again that his approach in Syria and Iraq is working, without mentioning the millions of refugees and the refugee crisis in Europe, in an interview with National Public Radio. He says that Trump is exploiting working class white discontent about poor economic prospects, without mentioning the slipping economic condition of large parts of what was the middle class revealed in figures on median income and net assets, including by Janet Yellen at the Federal Reserve Bank of Boston conference on inequality in October 2014. At that conference one of the alarming figures cited was that the average net worth of the lower half of Americans representing 62 million households was $11,000 in 2013.

Grouped Articles

Obama Accuses Trump of Exploiting Working-Class Fears

New York Times 12/21/2015

The ‘hollowing’ of the middle class? - The Washington Post

Washington Post 01/04/2016

Obama Urges Journalists to Cover the Substance of the Campaign

New York Times 03/28/2016

Trump Rhetoric Poses Dangers to American Democracy - SPIEGEL ONLINE

SPIEGEL ONLINE 10/19/2016


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