Look at all the graphs for the other races linked on that page. They all follow the same curve. Homeownership across the board followed that curve, not just for black Americans. You have an obvious agenda.
This is a classic “blame the Democrats for the mess created by Republicans” right wing tactic. Republicans shit their diapers, then get voted out, then immediately start complaining that it smells awful and why would the Democrats do this
It is to your claim that he specifically failed black americans.
And it’s also your move to prove that Obamas policies were actually the issue, because similar things happened all over the world, and a government can only do so much.
Well, in the long run it did “work”. But it was a shitty liberal solution by a liberal president, not sure why anyone is surprised.
That said, he became president as the entire world economy was imploding. I would wager that anyone in the position would have presided over the drop in home ownership you referred to. It’s not really fair to put any kind of blame on him.
Except maybe Bernie, or another actual socialist that would have just paid off people’s shitty mortgages rather than bail out banks. But shit, we can’t even get student loans forgiven, people in this country would have revolted if they saw black people being “given free homes,” while they still have to pay their mortgage. Literally revolted.
He took on after 8 years of deregulation and bad policies set the economy up for an unsustainably driven bubble followed by the inevitable pop. Just like the fed printing more money than has ever been printed before during Trump’s rule, followed by…surprise! Inflation!
deleted by creator
The guy who offered first time home buyers 8k? Lol.
deleted by creator
Ah, yes! 2004! A truly defining year for the Obama presidency when…
checks notes
…he was still the junior Senator from Illinois. Huh…
deleted by creator
What policies of Barack Obama do you think contributed to this?
Do you believe the president actually has a role in determining whether black people can achieve home ownership?
deleted by creator
Aka you have no response
Look at all the graphs for the other races linked on that page. They all follow the same curve. Homeownership across the board followed that curve, not just for black Americans. You have an obvious agenda.
deleted by creator
2008 was bad for all Americans.
This is a classic “blame the Democrats for the mess created by Republicans” right wing tactic. Republicans shit their diapers, then get voted out, then immediately start complaining that it smells awful and why would the Democrats do this
It is to your claim that he specifically failed black americans.
And it’s also your move to prove that Obamas policies were actually the issue, because similar things happened all over the world, and a government can only do so much.
deleted by creator
No, you didn’t say “specifically”, you just completely imply it if you word it like that. Stop playing wordgames please…
deleted by creator
Obama took over after the housing market fell out from under the entire country and the economy was in complete recession…
deleted by creator
Actually Bush signed that before Obama was president. It was 2008.
deleted by creator
Well, in the long run it did “work”. But it was a shitty liberal solution by a liberal president, not sure why anyone is surprised.
That said, he became president as the entire world economy was imploding. I would wager that anyone in the position would have presided over the drop in home ownership you referred to. It’s not really fair to put any kind of blame on him.
Except maybe Bernie, or another actual socialist that would have just paid off people’s shitty mortgages rather than bail out banks. But shit, we can’t even get student loans forgiven, people in this country would have revolted if they saw black people being “given free homes,” while they still have to pay their mortgage. Literally revolted.
Obama’s policies were a disaster
He took on after 8 years of deregulation and bad policies set the economy up for an unsustainably driven bubble followed by the inevitable pop. Just like the fed printing more money than has ever been printed before during Trump’s rule, followed by…surprise! Inflation!
Don’t forget expanding the Bush wars and giving insurance companies a captive income stream