How Bad is the Recession on Black People?

- By Bossip Staff

Posted by Bossip Staff

The recession has made the “D” a very cold place to call home for many African Americans. Black auto workers are searching for new methods of income with the employment statistics being as tragic as they are:

DETROIT — Since millions of African-Americans began leaving Southern farms for Northern factories nearly a century ago in what is still known as the Great Migration, the destinies of many of them have been entwined with the auto industry’s. The car companies were hardly multiracial utopias, but they, especially Ford, employed blacks when many industries would not. Through the decades, the automakers and their higher wage scales provided a route to the middle class for many blacks, especially those with limited education, and their children. Now, with Detroit reeling, many blacks find their economic well-being threatened. By last month, nearly 20,000 African-American auto workers had lost jobs, a 13.9 percent decline in employment, since the recession began last December, according to government jobs data analyzed by the Economic Policy Institute, a liberal Washington research firm. That compares with a 4.4 percent decline for all.

All of us need to hope and pray for the sisters/brothers in Detroit to hold on. With that being said, only one man in history has been able to turn water into wine, and boy, do we ever need him to take the wheel right about now…


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  • Hannibal

  • Hannibal


  • Hannibal


  • Ms Christine

    Hanni baby, you need to read more into this. Bush started this disaster and Mr. Obama is left holding the broom. Check it out!!!

  • BlackLadyDoctor

    *Invest in stock for organic food clothing*

  • Hannibal



  • Proud ArmyWifee

    Yes we need to seek Jesus and ask him for help matthew 6:33

  • PhillyGrownWoman

    somebody better take the wheel

  • Ele

    The economic issues in this country is NOT a black or white thing. We all are suffering.

  • iluvprada

    @ Hannibal…ye have little faith!

  • GrownWomen

    Seriously guys- we are ALLLLL in a bad place right now. The recession has hit everyone not just African Americans. Lets me serious here. Get over it.

  • Raquel26

    Our government and those affiliates who are beneath them will continue to make decisions (w/o the taxpayers consent nor input) based on what will look good for them. We are used as pawns in this game and the more and more we cry and dont do anything about it, the more they will cut jobs, cut health care, cut hours, cut wages, etc…

    It’s all to help out the bigger picture.

    Which doesnt include us.

  • Raquel26

    @Ele: Treu, its not a black and white thing, but white men have caused this economy to downslide because of their greediness as well as lending money to people who couldnt afford to pay it back.

    Why should I have to help pay because you decided to approve a loan for 200,000 and the person’s salary was only 60,000? Thats not my fault.

    But I agree that we are ALL suffering from this.

    It’s definitely turning into the HAVES and the NAVE NOTS.

  • tia

    what is star jones doing in the front of that line?

  • iluvprada

    CO-Sign!…everyone is suffering!

  • MissBK


    what is star jones doing in the front of that line?


  • MissBK

    I agree with everyone else. Everybodys suffering that’s not upper class. Its a sad thing. Unless u make 100+ grand a year your suffering one way or another its not only affecting the black community.

  • AJ

    Hannibal-not that bright. How could Obama cause something when he is president elect? Common sense dictates that Bush and everyone currently holding their offices have to do with what we endured the last 8 years. And, conspiracy some might say, as soon as Barack won the gas went down when the Republicans were going out of office. How does that happen?

    Pay attention youngin so you can make some sense.

  • Roe ski Love

    Instead of giving people advice on investing, I say don’t use credit to make non major purchases. That is the real reason people are hurting. Not having creditors calling you on a regular basis will give you peace of mind. It will also keep money in your pocket and in the bank for real emergencies, like the reccession we are in right now.

  • Ele

    @Raquel26-I agree that loans were given out to people that could not afford them, but I still do not think it’s a white/black thing. Congress, govorners, etc (any elected official) was put into office by voters, black, white and other. No one forced anyone making $50K or less a year to accept a loan that they KNEW they couldn’t afford. That falls on that individuals common sense, or lack of. If something sounds too good to be true, logic usually tells you it is.
    The blame game does not solve the problem. Blaming the “white” man just doesn’t work anymore. It’s not a white problem or a black problem. We all live in the USA, so it has become everyones problem.
    I am married and my husband and I have 4 jobs between us, just to pay our normal bills, and believe me, we do not live in a $200k house.

  • Lisa

    I feel you PC…many of us are used to struggling so this whole “recession” is no biggie to us. Heat turned off we get heaters, lights off we get candles, we have made money stretch to make ends meet. I am by no means talking about all of us, because many of us are doing well, but many of us regardless of color are really feeling the pinch. Stores closing, massive layoffs, people losing their homes…dayum, dayum, dayum.

  • Redd Tony

    @BlackLadyDoctor======> You better preach!!! hahahahahahaahha


    Ive been in the Real Estate biz for over five years…I look at it like this on a psycological aspect..When you are a first time home buyer you will sign anything to buy a home, and not know what you are signing. It is the American Dream..right? “Its the biggest investment you can make in your life” right? I beleive that 25% of the blame goes on the homeowner and the rest on the banks. There are people that lied on their loan apps, but on the other hand you had loan officers commiting fraud too. The banks carry the brunt of the responsibilty becuase the UNDERWRITERS approve the loans. Who came up with all of these exotic loan packages, that are still being originated today. In my opionion, all of this chaos was planned. Guess What, the first Great Depression started because of loans and now this so called Depression started because of loans…Its a set up!

  • Redd Tony

    I feel the affluent are feeling it a lot more worse than the working class black people, for the simple fact a lot of Blacks dont have 401k’s or IRA, Stocks or Mutual funds to loose..Real Estate to plunder and depreciate…

  • Jewish Baby

    blacks need to stick together like the jews

  • And.....(with 5 dots)

    There’s talks going on right now to turn the D into a giant plantation. The new economy for the D will be “urban farms”, since the auto industry has gone bust, and now so many Black uneducated folks are out of work.

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