Tavis Smiley: ‘Black People Will Have Lost Ground in Every Single Economic Indicator’ Under Obama | breakingbrown.com

He added that President Obama should be “held responsible” for his failure to address the needs of the African-American community.Smiley went on to say that there are some things that President Obama is not responsible for, like the government shutdown.“But here’s the other side. I respect the president. I will protect the president. And I will correct the president.”Smiley concluded: “He’s right on this government shutdown. Republicans are thwarting the rule of law with the Constitution. If they let this debt go into default, they’re trampling again on the Constitution.”Smiley’s assessment on how the African-American community has lost ground under Obama is supported by data.When the Obama administration changed its financial aid policy and began checking the last five years of a parent’s credit history—which spans the deepest  recession in modern history—for defaults, instead of just the last 90 days, as was previously the policy, the rug was pulled out from under black schools. This policy change forced 28,000 HBCU students to drop out, and cost schools $150 million.Also, black homeownership recently hit an historic 18 year low.

 

via Tavis Smiley: ‘Black People Will Have Lost Ground in Every Single Economic Indicator’ Under Obama | breakingbrown.com.

 

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