United for a Fair Economy has published State of the Dream 2009: The Silent Depression. There is no creativity in direct quotes but since my time is very limited today, this is the background they give in describing this report:
“While the general population has been in recession for one year, people of color have been in recession for five years. By definition, a long-term recession is a depression.
We detail additional evidence that shows the current racial economic inequity, including poverty rates, wealth and assets and economic mobility. While racial barriers did not prevent an African-American from becoming President, they continue to impede many people of color from achieving the same economic success as their white counterparts.”
Check it out at: http://www.faireconomy.org/news/state_of_the_dream_2009_the_silent_depression
Overall, 24% of Blacks and 21% of Latinos are in poverty, versus 8% of whites. I hope that we do not choose to remain blind to issues of race simply because we have elected President Obama. Painful issues are still there, obviously.