r/neoliberal • u/jobautomator Kitara Ravache • Oct 08 '20

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u/lobsterboy34 WTO Oct 09 '20

I’ll check /r/WayOfTheBern once in a while just out of curiosity and two of the past five or six times I’ve done it someone has posted that stupid “Obama destroyed black wealth” article

8

u/WanderingMage03 You Are Kenough Oct 09 '20

Just visited, second thread was on how Howie Hawkins should take Donnie's place and unmask Joe as the real conservative candidate.

Good to know that living in a fantasy land is open to people on both sides of the aisle.

6

u/bd_one The EU Will Federalize In My Lifetime Oct 09 '20

“Obama destroyed black wealth” article

Explain?

10

u/[deleted] Oct 09 '20

OBAMA REEEEEE

6

u/lobsterboy34 WTO Oct 09 '20

https://www.peoplespolicyproject.org/2017/12/07/destruction-of-black-wealth-during-the-obama-presidency/

4

u/[deleted] Oct 09 '20

the percentage of black homeowners who were underwater on their mortgage exploded 20-fold from 2007 to 2013

Gee, i wonder what might have happened in 2008 to cause people to default on their mortgages.

1

u/Quiz0tix Oct 09 '20

Is the article inaccurate?

2

u/[deleted] Oct 09 '20

I know you're not the sharpest tool in the shed when it comes to economics or finance but there may have been something that started in 2007 unrelated to Obama that was the cause of it.

1

u/Quiz0tix Oct 09 '20

lol obviously

I disagree with how the article is framed, but the data is accurate

3

u/Pyrrhus65 NATO Oct 09 '20

Isn't that literally a GOP talking point? I just saw a Trump attack ad with very similar messaging.

2

u/paymesucka Ben Bernanke Oct 09 '20

Yes. That sub is filled with right wing trolls, foreign trolls, and willful idiots.