From Bob Feldman:
Despite the election of a Democratic Party majority in the U.S. Congress in November 2006, the official unemployment rate for Black workers was still 11.1 percent in October 2008 under the current U.S. economic system, according to the latest Bureau of Labor Statistics data.
And if the conclusion of Harry Shutt's 1998 book The Trouble With Capitalism is accurate, even the recent election of Barack Obama and the creation of a Democratic Party-controlled White House staff (headed by Rahm Emanuel--a former managing director of the Wasserstein Perella investment bank, before it became part of Dresdner Kleinwort Wasserstein) isn't likely to soon reduce the Black jobless rate very much.
According to Shutt:
--bf