Obamanomics Suck: Minorities Hardest Hit
The real median annual household income for blacks fell 11.1 percent from June 2009 to June 2012, landing at $32,498 from $36,567. That compares to 5.2 percent for whites, 3.6 percent for other race combinations (including Asians) and 4.1 percent for Hispanics — all of whom had higher incomes than blacks to begin with.
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