Obama’s election coincided with black families facing foreclosure, not racial progress.

Evidence

The irony is obvious and biting. So many Americans reveled in the historic significance of Barack Obama’s election in 2008. There was a sense of real, exciting possibility, even as the nation confronted the worst economic crisis since the Great Depression. It was a moment of contrasts, of decline but also of possibility—that somehow we were putting the ugliness of our racial past behind us as the country teetered on economic collapse. Uncertainty shadowed national euphoria, and this was especially true for African Americans. Many danced election night away and talked about the fulfillment of the civil rights movement, then woke up to foreclosure notices on their doors. — Eddie S. Glaude Jr., Democracy in Black, 44 (#expands, via linked claim)

Categorization

• XREF: connects to: Obama’s 2008 election coincided with catastrophic black foreclosure losses — Eddie S. Glaude Jr., Democracy in Black: How Race Still…, 44; Black Americans experienced Obama’s 2008 election and the foreclosure crisis simultaneously.; Successful black homeowners are exceptional cases, not products of an equitable system. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 247 (+8 more)

Broader Connections

• Obama’s 2008 election coincided with catastrophic black foreclosure losses #expands (0.95) — Eddie S. Glaude Jr., Democracy in Black, 44