What Has Obamanomics Meant for Latinos

width=72By Diana Furchtgott-Roth Texas Insider Report: WASHINGTON D.C. President Obama won 67 of the Hispanic vote in 2008. How have Latinos fared in America over the past three years since they helped to send Barack Obama to the White House? Like many Americans not well. Only President Clinton in 1996 won a higher percentage 72. Many reasons may explain those votes.

When Mr. Obama was elected some Americans believed he was serious about his campaign promises of immigration reform an important issue for many voters. Those reforms were expected to include allowing more legal immigrants into the country for work tourism and study and regularizing the status of many of the 11 million undocumented workers already in America.

Three years later immigration reform is more remote than ever. Once elected the Obama administration has had other priorities chiefly environmental and health policy.

Our immigration policies remain a national embarrassment confused and confusing and getting worse. Franz Kafka could never have imagined a more opaque arbitrary and unjust system than American immigration. It is a testament to the overwhelming attraction of America that people still seek to become Americans despite our immigration policies. Mr. Obama needs to go before the country and call for major immigration reform. It should be easier for workers students and tourists to enter the country legally. Equally important it should be easier for the Homeland Security Department to track visitors while they are here to prevent them from overstaying their visas. It is impractical to deport the 11 million undocumented immigrants in America. Mr. Obama should suggest a path forward such as allowing those who have not committed crimes to pay a fine get a visa and start on a path to permanent residency. When Mr. Obama was elected some believed that he would take steps to improve the economic welfare of all Americans including Hispanic Americans. But if asked Are you better off today than you were three years ago? most Americans would say No.

Latinos have fared even worse than the population as a whole. Historically Latinos have been more likely to be in poverty width=97than other Americans and that situation has worsened in recent years.

This month the Census Bureau released data for 2010 showing the national poverty level to be 15.1 percent up from 14.3 percent in 2009 and 13.3 percent in 2008. Over the course of the recession the percentage of Hispanic Americans below the poverty line has increased from 23 percent in 2008 to nearly 27 percent in 2010.

In comparison white Americans faced a poverty rate of 13 percent lower than the national 15.1 percent rate. This means Hispanics were more than twice as likely as whites to be living in poverty in America.

Many Latinos are in poverty not because they lack work but in spite of hard work. A higher percentage of Hispanics in poverty worked full-time in 2010 12.3 percent than the national average of 8.3 percent of poor people who worked full- time. In comparison of poor whites 7.2 percent worked full-time and of poor blacks 6.8 percent worked full time.

Over the past three years unemployment in the Latino community has jumped as it has nationally. In August 2011 the national unemployment rate was 9.1 percent. Among Hispanics in the labor force 11.3 percent were unemployed compared with an unemployment rate of 6.8 percent in 2008. It is difficult to look at America and especially the Hispanic community and find that the economic policies of the past three years have been successful. width=158Over a trillion dollars of stimulus has left America with seemingly more problems than solutions including uncontrolled government spending high deficits and unnecessarily burdensome regulation. Many low-skill Hispanics have been adversely affected by the $2000 per worker annual tax under the new health care law set to take effect in 2014 for employers with over 49 workers who do not offer health insurance. The Food Preparation & Service industry which employs 8.5 of all Hispanics and which offers little health insurance lost over 200000 jobs each year from 2008 to 2010. Construction which employers about 11 percent of Hispanics has lost 1.5 million jobs from 2008 to 2010. Freedom-loving people whether born here or elsewhere still yearn for the American dream and for a better life for our children. Even in dismal economic conditions America is the beacon of hope in a world of despair. All Americans can celebrate Hispanic Heritage Month. All Americans share in the American dream and in the hope for width=80economic growth. In the past three years we simply have had too little of the latter. Lets hope the future holds more promise. Diana Furchtgott-Roth is a former Chief Economist at the U.S. Department of Labor is a Senior Fellow at the Hudson Institute and an Adjunct Fellow at the Manhattan Institute.
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