Minority Families Have Suffered the Most during the Obama “Recovery.” During the heart of the Obama “recovery,” the median income of minority families dropped by 9 percent, and their median net worth fell by 17 percent. In contrast, incomes and net worth for white families were essentially stable.
Source: National Journal, The Economic Recovery Hasn’t Reached Minority Families (September 9, 2014)
As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40 jobs bills the House has already approved. The reasons define the distress Americans continue to feel in the “new normal” of high unemployment and weak job creation resulting from Obama Administration economic policies.
View the prior reasons here.