*I hope this isn’t what people mean by a “colorblind society.”
When the Department of Labor announced that the unemployment rate fell from 10 percent to 9.7 percent in January, Democrats from the White House to Capitol Hill gushed like a school kid who had just aced a test in a class he was struggling to pass.
“While unemployment remains a severe problem, today’s employment report contains encouraging signs of gradual labor market healing,” said Christina Romer, who heads the White House Council of Economic Advisers.
Meanwhile, House Speaker Nancy Pelosi credits the $787 billion economic stimulus bill President Barack Obama signed a year ago with helping to create or save nearly 2 million jobs.
“Today’s jobs report marks a welcome step in the right direction for our economy and our families: The unemployment rate is going down,” Pelosi said.
Overlooked by Romer and Pelosi is this troubling (at least for me) detail: While the seasonally adjusted unemployment rate declined in January for whites and Hispanics, it went up three-tenths of a percentage point for blacks.
For MORE of this article by DeWayne Wickham, go HERE.