Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Obama, the Great Dis-Equalizer
Glen Ford, BAR executive editor
09 Jan 2014
🖨️ Print Article

by BAR executive editor Glen Ford

Barack Obama has used up his people-friendly rhetoric over the past five years, and is now repeating promises he’s already made and broken: to raise the minimum wage, strengthen worker rights, establish truly universal health care, and fight for the common man and woman. Obama’s new rhetorical target is gross income inequalities – a catastrophe that has worsened on his watch.

 

Obama, the Great Dis-Equalizer

by BAR executive editor Glen Ford

“The president’s rhetoric is nothing more than noise, totally disconnected from actual policy.”

President Obama, the Grand Facilitator of the greatest consolidation of financial wealth in human history, began his sixth year in office declaring that income inequality is “the defining challenge of our time.” The Grand Bargainer who saved George Bush’s bank bailout and presided over the (ongoing) infusion of tens of trillions of dollars into Wall Street accounts, and who bragged less than two years ago that, “Since I’ve been president, federal spending has actually risen at the lowest pace in nearly 60 years,” now calls for government action to reverse the momentum of his own policies. The Great Pretender, who in 2008 called for an increase in the federal minimum wage to $9.50 an hour by 2011, and then did absolutely nothing to effectuate it when Democrats controlled both chambers of Congress, now proposes to raise the bar to $10 an hour in order to embarrass Republicans in an election year. The Daring Debt Buster who, on his own initiative, has frozen federal workers’ wages since 2010, and worked hand in glove with Republicans to gut social programs in the name of fiscal restraint, laments “growing inequality and lack of upward mobility” among the masses.

The chief executive who lifted not a finger to pass “card check,” the Employee Free Choice Act of 2009, that might have given organized labor a fighting chance to survive, now pretends to be a born again champion of collective bargaining and yearns for the days when “you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension.”

Meanwhile, Obama’s Justice Department sided with the Republican-appointed Emergency Financial Manager of Detroit, who was seeking to impose bankruptcy on the mostly Black city and raid retiree’s pensions – revealing the administration’s true colors.

“Obama has frozen federal workers’ wages since 2010.”

The nation’s First Black President admits that “African Americans, Latinos, Native Americans are far more likely to suffer from a lack of opportunity – higher unemployment, higher poverty rates,” and claims he’ll push for “targeted initiatives” to combat this “legacy of discrimination” (although all the proposed targeting is in the form of tax incentives for business). Yet, nearly five years ago, in a press conference marking his first hundred days in office, Obama categorically rejected targeted aid for Black communities, thus ensuring that the cascading effects of the Great Meltdown would plunge African Americans deeper into the abyss. Obama said:

“So my general approach is that if the economy is strong, that it will lift all boats as long as it is also supported by, for example, strategies around college affordability and job training, tax cuts for working families as opposed to the wealthiest that level the playing field and ensure bottom-up economic growth.

“And I'm confident that that will help the African-American community live out the American dream at the same time that it's helping communities all across the country.”

By 2009, according to economist Pamela Brown, white household wealth was 19 times that of Black households, “and is probably even greater now” – compared to a ratio of 12 to 1 in 1984 and down to 7 to 1 in 1995. The collapse of Black economic fortunes has been catastrophic, yet Obama offers only tax cuts for corporations, streamlined business regulations, undoing of sequestration, more rhetoric about ending off-shoring of jobs, and stronger application of antidiscrimination laws.

The president wants us to forget that he was the one who proposed sequestration in the first place, in an effort to force a Grand Bargain with Republicans; that his economic advisors are secretly meeting with hundreds of corporate lobbyists to shape a jobs-destroying Trans Pacific Partnership that is “like NAFTA on steroids,” and then fast-track it through Congress; and that Obama has nominated two Republican prospective judges from Georgia to federal courts, one of whom fought to keep the Confederate banner in the state flag, while the other was the lead lawyer in defense of Georgia’s Voter ID law. The Obama administration has many priorities, but nondiscrimination is not one of them.

“The collapse of Black economic fortunes has been catastrophic.”

Whatever Obama means when he says “targeted assistance,” it seldom translates as actual money for non-corporate persons. Back in April of 2012, his administration was cited for failing to spend almost all of $7.6 billion that Congress set aside to help communities and homeowners hardest hit by the housing crisis – a cohort that is disproportionately Black and brown. Obama’s Treasury Department offered no explanation other than they had not put together a proper spending plan. However, it is obvious that Obama’s people wanted to avoid doing anything that might interfere with the banks’ foreclosure processes, so as not to disturb Wall Street’s manifold schemes to further rig the market.

The growing crisis of income and wealth inequality is a result of the internal logic of capitalism under the hegemony of Wall Street. Obama’s fix for the vast social carnage the banksters leave in their wake, is to forge a State that is even more dutiful in propping up “the markets” and stripping down the public sector. There is no room in that presidential mission for even modest amelioration of the public’s pain. The president’s rhetoric is nothing more than noise, totally disconnected from actual policy. The Lords of Capital – for whom Obama is a servant – have nothing to offer but more austerity and war.

They must be disempowered, root and branch, and society “reformed” in their absence.

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

Do you need and appreciate Black Agenda Report articles? Please click on the DONATE icon, and help us out, if you can.


More Stories


  • BAR Book Forum: Maya Schenwar and Victoria Law’s “Prison By Any Other Name”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Maya Schenwar and Victoria Law’s “Prison By Any Other Name”
    15 Jul 2020
    Increased police technology, increased training and “community policing” tend to actually expand instead of decreasing policing.
  • Barr's New Task Force Is a Blatant Attempt to Target Racial Justice Protesters
    Chip Gibbons
    Barr's New Task Force Is a Blatant Attempt to Target Racial Justice Protesters
    15 Jul 2020
    The attorney general’s theory rests on the premise that there is a set path by which one radicalizes into becoming violent.
  • Storming the Bastille: #BlackLivesMatter, “Allies” and the Fear of Black Revolt
    Kathryn Bedecarré
    Storming the Bastille: #BlackLivesMatter, “Allies” and the Fear of Black Revolt
    15 Jul 2020
    Does the belatedness and ubiquity/banality of allyship echo an anxiety about the enormous restraint that African Americans have exercised?
  • How Black and Brown Workers Are Redefining Strikes in the Digital COVID Age
    Mike Elk
    How Black and Brown Workers Are Redefining Strikes in the Digital COVID Age
    15 Jul 2020
    White labor leaders are failing to understand non-traditional organizing that has developed from viral social media movements. 
  • Desperate Times, Desperate Measures: Dump the Democrats
    Riva Enteen
    Desperate Times, Desperate Measures: Dump the Democrats
    15 Jul 2020
    The Democrats are likely to put forward a Black woman prosecutor to legitimize the mass incarceration plague that Joe Biden helped inflict on Black America.
  • Load More
Subscribe
connect with us
about us
contact us