General Discussion
In reply to the discussion: This, and not economic anxiety, is what elected Trump. [View all]bigtree
(93,722 posts)...when the last race was rife with open demagoguery and racebaiting.
Trump appealed to the insecurity of some white Americans who have been convinced their share of the nation's economic benefits are being unfairly threatened by blacks, immigrants, and anyone else who dare assert their rightful role in our country's economy. The often-bigoted, demagogue left no dog-whistle behind as he promised to restore these psychologically-displaced souls to their assumed place of prominence in society.
Take the issue of race in the election, for example. If there was one message the white working-class got from Hillary in that campaign, it almost certainly was that black lives were going to matter in her presidency. Hillary challenged white Americans to acknowledge their economic successes and take heed of those who have been left behind in the recovering economy. More importantly, Hillary insisted that white Americans should recognize and appreciate the role race plays in the failure of the black community to fully benefit from the economic recovery.
Hillary took a leap ahead of her opponents (and history) and offered a full and unapologetic voice to the needs and concerns of the black community. Most notably, in a historic speech in Harlem, the first for any presidential candidate, Hillary directly challenged the white community to accept that a majority of black lives and livelihoods have consistently lagged far behind white American's opportunities, successes, and well-being, and that white economic gains had often come at the expense of their black counterparts.
If there was one message the white working-class got from Hillary in this campaign, it almost certainly was that black lives were going to matter in her presidency. Hillary challenged white Americans to acknowledge their economic successes and take heed of those who have been left behind in the recovering economy. More importantly, Hillary insisted that white Americans should recognize and appreciate the role race plays in the failure of the black community to fully benefit from the economic recovery.
That seemingly obvious reasoning should be commonplace in our political debate, but these truths have been overlooked throughout our nation's history. Black economic gains have always lagged behind those of white Americans, certainly not just during the Obama administration. In the present economy, blacks have experienced the slowest economic recovery of any group of Americans.
In 2014, a Pew Research Center report found that only whites had seen their wealth rise during the Obama economic recovery:
"White households' median wealth ticked up to $141,900 in 2013, up 2.4% from three years earlier... Net worth for black households dropped by a third during that time to $11,000. Hispanic families experienced a 14% decline in wealth to $13,700.
Whites have 13 times the net worth of blacks, the largest wealth gap that's existed since George H.W. Bush was president in 1989. The ratio of net worth between whites and Hispanics now stands at more than 10, the widest it has been since 2001."
Arguably, black Americans are deserving of the most attention when considering the effects of 'economic anxiety' over the pace of recovery, but some politicians and others have reverted at the end of this election to handwringing over the economic condition of folks who have, overall, reaped the lion-share of any vestiges of recovery from the record lows that marked the Bush recession. It's not hard to imagine whose needs, interests, and concerns will struggle to take precedence in the next economic debate.
