Jay-Z’ New Video For Obama

Jay-Z “I think it was a voice that was silent because people had lost hope; they didn’t believe that their voice mattered or counted; you know, we thought it was just politics; people going back and forth, and at the end of the day, it never trickled down to where we live.”

How African-Americans Are Faring Under Obama

• As of June, the African-American unemployment rate is a staggering 14.4 percent (was 11.9 percent Dec 2008).

• From 2009 through 2011, black minimum wage workers swelled 16.6 percent.

• Foreclosure rates in 2011 for African-Americans was 9.8 percent.

• Black underemployment rate close to 23 percent nationally.

• Over the past three years, black households’ median annual income fell 11.1 percent.

How America Is Faring Under Obama

National Debt
2009: 10.6 Trillion
Now: 16 Trillion
Treasurydirect.gov

Food Stamps
2009: 32.2 million people enrolled
Now: 46.2 million people enrolled
Bloomberg.com

Unemployment
Misleading because millions of Americans have given up looking for work and are no longer counted in the official unemployment number. We have the lowest work force since 1958.
2009: 7.8%
Now: reportedly 7.8% (not real number, though, as US largest state, CA, hasn’t reported their numbers)
bls.gov

Median Household Income
2009: $54,983
Now: $50,964
forbes.com

Gas Prices
2009: $1.85
Now: $3.80
Consumerreports.org
eia.gov

Taxmageddon – the largest tax increase in American history to hit the middle class and lower-income workers Jan 2013

But who cares about little things like unemployment, foreclosure rates, a $16 trillion national deficit, the worse economic recovery in 65 years, turmoil in the middle east …

Jay-Z Transcript

“When the president got into office initially, what he represented to a nation of kids was hope … you know, the hope of people all across the country; you know, who would look and see themselves and know the possibilities. For so long there was a voice that was silenced out there as far as exercising the right to vote. I think it was a voice that was silent because people had lost hope; they didn’t believe that their voice mattered or counted; you know, we thought it was just politics; people going back and forth, and at the end of the day, it never trickled down to where we live. Now people are exercising their right and you’re starting to see the power of our vote. He made it mean something for the first time, for a lot of people, having someone in office who understand how powerful our voice can be; it’s very important.”

Jay-Z previously had said, “I support Barack because I gotta respect that sort of vision. I gotta respect a man who is the first black president ever. To have that sort of vision and dream, I have to support that.”