Economist Thomas Sowell (above) again hits the nail squarely on the head by laying out in vivid detail how the party that gives lip service to compassion and caring to the lowest members of the societal scale actually winds up destroying black lives with their inept and misguided policies...
"One of the things that turned up, during a long-overdue cleanup of my office was an old yellowed copy of the New York Times dated July 24, 1992. One of the front-page headlines said: “White-Black Disparity in Income Narrowed in 80′s, Census Shows.”
The 1980s? Wasn’t that the years of the Reagan administration, the “decade of greed,” the era of “neglect” of the poor and minorities, if not “covert racism”?
More recently, during the administration of America’s first black president, a 2011 report from the Pew Research Center has the headline, “Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics.”
While the median net worth of whites was 10 times the median net worth of blacks in 1988, the last year of the Reagan administration, the ratio was 19-to-1 in 2009, the first year of the Obama administration. With Hispanics, the ratio was 8-to-1 in 1988 and 15-to-1 in 2009.
Race is just one of the areas in which the rhetoric and the reality often go in opposite directions. Political rhetoric is intended to do one thing – win votes. Whether the policies that accompany that rhetoric make people better off or worse off is far less of a concern to politicians, if any concern at all."
The 1980s? Wasn’t that the years of the Reagan administration, the “decade of greed,” the era of “neglect” of the poor and minorities, if not “covert racism”?
More recently, during the administration of America’s first black president, a 2011 report from the Pew Research Center has the headline, “Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics.”
While the median net worth of whites was 10 times the median net worth of blacks in 1988, the last year of the Reagan administration, the ratio was 19-to-1 in 2009, the first year of the Obama administration. With Hispanics, the ratio was 8-to-1 in 1988 and 15-to-1 in 2009.
Race is just one of the areas in which the rhetoric and the reality often go in opposite directions. Political rhetoric is intended to do one thing – win votes. Whether the policies that accompany that rhetoric make people better off or worse off is far less of a concern to politicians, if any concern at all."
None of this comes as any suprise as even blacks are beginning to abandon Chairman Zero in droves as they are beginning to realize that Obama simply uses them as useful pawns like he does anyone else that he decides is politically expedient at the moment.
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