Despite some important examples of struggles in this country in response to the effects of the economic crisis, it is the capitalist who have carried out a consistent offensive.
The devastation from unemployment is the worst since the 1930s, and the real percentage of which is above 16%, with over 20% in some areas. But the recession isn’t effecting all people the same way. Black and Latino unemployment is nearly double that of whites. One of the reasons is that the recession isn’t just attacking skilled labor, which is more white, but it’s blitzing unskilled labor. As more skilled labor takes up unskilled jobs to pay the bills this adds to the effect.
After the mini-recession of 2000-2001 there was a jobless recovery. But Black people saw faster rates of unemployment after the relative “boom” time of the 1990s at the same time the class divide in Black communities has expanded. But even considering that, in historical perspective black male unemployment has officially shifted between 15 and 10 percent from the 1980s and 1990s.
Dedrick Muhammad spoke recently on Democracy Now about this, touching on Black unemployment and Latino unemployment as well as the role of predatory lending by the banks that has lead to a loss of 70-90 billion dollars in home-value wealth for Black and Latino people.
Although we should realize they are talking about the working class and not the middle class, in the following article, taken from the Institute for Policy Studies, Barbara Ehrenreich and Dedrick Muhammad address some of the details.
The Destruction of the Black Middle Class
By Barbara Ehrenreich and Dedrick Muhammad
To judge from most of the commentary on the Gates-Crowley affair, you would think that a “black elite” has gotten dangerously out of hand. First Gates (Cambridge, Yale, Harvard) showed insufficient deference to Crowley, then Obama (Occidental, Harvard) piled on to accuse the police of having acted “stupidly.” Was this “the end of white America” which the Atlantic had warned of in its January/February cover story? Or had the injuries of class — working class in Crowley’s case — finally trumped the grievances of race?
Left out of the ensuing tangle of commentary on race and class has been the increasing impoverishment — or, we should say, re-impoverishment — of African Americans as a group. In fact, the most salient and lasting effect of the current recession may turn out to be the decimation of the black middle class. According to a study by Demos and the Institute for Assets and Social Policy, 33% of the black middle class was already in danger of falling out of the middle class at the start of the recession. Gates and Obama, along with Oprah and Cosby, will no doubt remain in place, but millions of the black equivalents of Officer Crowley — from factory workers to bank tellers and white collar managers — are sliding down toward destitution.
Continue reading Not a Recession, but a Depression for Black workers