Sunday, January 27, 2013

The American Interest: The Crisis of the Black Middle Class

Last year I started talking a bit about the Black Middle-Class. As a matter of fact the core areas this blog hopes to cover are mostly Black Middle-Class communities. And these communities are struggling with different issues, perhaps no more worse than the people who are residing in them.

I found this article primarily via a right-wing blog - Instapundit. Don't let this stop you from considering this issue and all the causes surrounding them.

What's at issue here is not only the housing market which it is argued have hurt many Blacks. It's also the jobs that have put them into the middle-class mainly jobs in the public sector. They mentions predatory lending, espeically those who have already owned their homes however they were convince to refinance their homes.

Since this is something you found on a right-wing site, there was a swipe at typical progressive (referred to here as blue or Democratic) policies. The bottom line here is that solutions are necessary. New answers are needed, but what are the questions?

No comments:

Post a Comment

PLEASE READ FIRST!!!! Comment Moderating and Anonymous Comment Policy

While anonymous comments are not prohibited we do encourage you to help readers identify you so that other commenters may respond to you. Either read the moderating policy for how or leave an identifier (which could be a nickname for example) at the end of the comment.

Also note that this blog is NOT associated with any public or political officials including Alderman Roderick T. Sawyer!