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.
It is not coincidental that the dismal economic prospects for black people have occurred at the same moment that black politics limps along on life support. Black politics traditionally affirmed a right, indeed an obligation, to speak directly to the needs and aspirations of the masses of people. It has been substituted with feelings of vicarious joy when a black person reaches a high office.
Enter Barack Obama, the beneficiary of both black loyalty and a system which he assessed astutely as being ready for the right black man to come along. He fills the duel roles perfectly, giving good feelings about his presence in the White House but this presence is a result of promising to do nothing that the 1% would find inconvenient.
“The dismal economic prospects for black people has occurred at the same moment that black politics limps along on life support.”
Sadly, the bloom is not yet off of the Obama rose, with a continuation of bizarre poll results indicating that the group doing the worst has the greatest degree of optimism. But the income and other indicators don’t lie and don’t change because most black people still love the president who looks like them but who goes out of his way to ignore them and their needs.
While phony government figures claim that employment numbers are improving, more than 46 million Americans are now receiving food stamps, a record. As the leaders of European countries struggle to keep the crises of Greece, Italy and Spain from spinning out of control, it is tempting to anticipate the post capitalist world. The thought experiment is interesting, but one thing is clear. When the dust eventually settles, black people will be at the bottom of a destroyed system.
