So what did he do for Black folks is what we all like to know. Federal reserve data shows that Obama did very little for Black folk, as he himself subliminally admitted. In fact Black folks wealth decreased, while white folks wealth overall increased twice as much.
Perhaps you are familiar with different data we all don’t know about?
"Between 2007 and 2016, the average wealth of the bottom 99% decreased by $4,500. This decline was particularly concentrated among the housing wealth of African- Americans. Outside of home equity, black wealth recovered its 2007 level by 2016. But average black home equity was still $16,700 less,1 Meanwhile, over the same period, the average wealth of the top 1% increased by $4.9 million."
How Obama Destroyed Black Wealth
New Report Looks at How Obama’s Housing Policies Destroyed Black Wealth
“African American men and women have persevered to enrich our national life and bend the arc of history toward justice. From resolute Revolutionary War soldiers fighting for liberty to the hardworking students of today reaching for horizons their ancestors could only have imagined, African Americans have strengthened our Nation.”
-President Barack Obama, February 1, 2011
Obama Administration Record for the African American Community