The recently released Pew Charitable Trusts’ Economic Mobility Project report indicates during the slow recovery from the recession, black middle-class families suffered massive decreases in wealth and high rates of home foreclosures with an unemployment rate of 13.4 percent. The report projects that 68 percent of of black Americans reared in the middle of the wealth ladder will not do as well as the previous generation.
And yet, according to polls, 94 percent of African Americans plan to vote once again for the president. This is astonishing, given Barack Obama’s poor record managing the fiscal crisis. In addition, the degree …