Obama Presides Over End Of Black Middle Class?

He's the first African-American president but his legacy may be that he presided over the destruction of the Black middle class.
That's the gist of a story in the Chicago Sun-Times. Here's an excerpt:

Millions of Americans endured financial calamities in the recession. But for many in the black community, job loss has knocked them out of the middle class and back into poverty. And some experts warn of a historic reversal of hard-won economic gains that took black people decades to achieve.

“History is going to say the black middle class was decimated” over the past few years, said Maya Wiley, director of the Center for Social Inclusion.

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