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View Diary: THE HILL: Dems Face Revolt Over Free Trade In Advance of Vote (266 comments)

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    Plenty of jobs were created before the Supreme Court appointed an economic illiterate to the presidency.

    Under the Clinton-Gore Administration, the unemployment rate for African Americans fell from 14.2 percent in 1992 to 7.3 percent today and the African-American poverty rate has dropped from 33.1 percent to 26.1 percent in 1998 — the lowest level recorded, and the largest five-year drop in African-American poverty since 1967-1972. At the same time, the typical African-American household’s income is up $3,317.
    Unemployment for Hispanics fell from 11.8 percent in October of 1992 to 5.0 percent today. The Hispanic poverty rate has dropped from 29.6 percent to 25.6 percent — the lowest since 1979. And over the past three years, the income of the typical Hispanic household has risen $3,880 — or 15.9 percent — the largest three-year increase in Hispanic income on record.

    Poverty rates are at record lows, with the African American poverty rate down to the lowest level on record, the Hispanic American poverty rate down to the lowest level since 1979, and the Asian American poverty rate as low as it’s ever been. Poverty among African American children has also dropped to the lowest level on record.

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