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Obama, AA/PIs and the Economy
Listening to the many pundits after Obama’s speech on the economy, I thought I was listening to the proverbial six blind men arguing over whether an elephant is a snake, spear, wall, tree, fan or rope. (Just like an elephant is not its trunk or tail, the Obama candidacy is larger than his individual support for a specific piece of legislation). Most missed the thread holding both his speeches on race and the economy together into one coherent vision. For Asian American / Pacific Islanders, the emerging worldview reveals how we are not a monolithic community but do share a common agenda with the wider bottom 80% of the nation. It further nuances the promise of an Obama presidency for us.
In his historic narrative on race, Obama not only testified to the segregated Sunday morning of black and white rage and its stopgap effect on real social progress but he directly fingered the source of our woes: “Just as black anger often proved counterproductive, so have these white resentments distracted attention from the real culprits of the middle-class squeeze — a corporate culture rife with inside dealing, questionable accounting practices and short-term greed; a Washington dominated by lobbyists and special interests; economic policies that favor the few over the many.” Obama connects racism to economic inequality and he further expands his analysis in his major speech on the US economy. In this speech, he reminds us that “the core of our economic success is the fundamental truth that each American does better when all Americans do better; that the well-being of American business, its capital markets and its American people are aligned…” and he heeds the Santayana warning of the dangers of forgetting history and cites the Great Depression of the 1920s. “We let the special interests put their thumbs on the economic scales. The result has been a distorted market that creates bubbles instead of steady, sustainable growth; a market that favors Wall Street over Main Street , but ends up hurting both. Nor is this trend new. The concentrations of economic power and the failures of our political system to protect the American economy and American consumers from its worst excesses have been a staple of our past: most famously in the 1920s, when such excesses ultimately plunged the country into the Great Depression.” The current income share of the top 1% is at its highest since 1929. From 2004 to 2005, the US Congressional Budget Office reported that the incomes of the bottom 20% increased 1.3% whereas the wages of the top 1% increased by 20.2%. Former Federal Reserve Chairman Alan Greenspan once warned the House committee, “there is a really serious problem here, as I’ve mentioned many times before this committee, in the concentration of income that is rising.”
Respected writer and economist Robert Kuttner appreciates that Obama had also placed the mortgage crisis within a larger financial one. Robert explained that Obama “connected all the dots — between the complete dismantling of financial regulation, the declining economic opportunity and security for ordinary people, the current financial meltdown, and the political influence of Wall Street as the driver of these changes.” Robert then faults Hillary for treating the mortgage crisis as a “self-contained scandal” and that her self-proclaimed “more robust” proposed solutions in her March 24 speech on the economy is the same Frank-Dodd bill co-sponsored by Obama but she forms no links to the larger economic problem. He further commends Obama for his courage and leadership “that is the predicate for the shift in public opinion required to produce legislative change. A radical, appropriately nuanced, and deeply public-minded description of what has occurred, the speech was Roosevelt quality: the president as teacher-in-chief.” Robert does not hail from the early legions of supporters but the line of critics who have been needling for specifics.
The Asian American/ Pacific Islander (AA/PI) communities mirror the widening socioeconomic divide in the country. Out of all racial groups, AA/PIs have the largest gap between rich and poor. In Los Angeles , disaggregating AA/PIs by ethnicity, the US Census Bureau reported poverty levels of Thais (31%), Koreans (36%), Vietnamese (44%), Samoans (51%), and Cambodians (68%) to be higher than Latina/os (20.4%) and African Americans (21.1%). These are the unheard voices of our communities but whose stories resonate with majority of the nation feeling the pinch of the current economic crisis. Historically, AA/PI migration patterns coincided with shifts in the economy from the influx of Chinese immigrant workers in the 1800s as the nation industrialized to the current twin migration of highly skilled professionals and a lower-skilled workforce from Asian countries to fill positions in the growing service, information and underground economy. Race and class converge in the “model minority” image which conceals those who languish in poverty and inserts a wedge within our own and between other communities.
However, disunity and economic disparity only touch upon the surface. If you place Obama’s narrative on the economy within the larger ideas informing his campaign strategy, you will hear the old cry of the immigrant women strikers of the 1912 Lawrence textile mills—“We want bread but we want roses too.” Scholar Scott Kurashige singles out a specific passage in Obama’s autobiography in which Obama compares the disrupted lives in Indonesia with the desperation in Altgeld Gardens , a section of Chicago :
I tried to imagine the Indonesian workers who were now making their way to the sorts of factories that had once sat along the banks of the Calumet River , joining the ranks of wage labor to assemble the radios and sneakers that sold on Michigan Avenue . I imagined those same Indonesian workers ten, twenty years from now, when their factories would have closed down, a consequence of new technology or lower wage in some other part of the globe. And then the bitter discovery that their markets have vanished; that they no longer remember how to weave their own baskets or carve their own furniture or grow their own food; that even if they remember such a craft, the forests that gave them wood are now owned by timber interests, the baskets they once wove have been replaced by more durable plastics. The very existence of the factories, the timber interests, the plastics manufacturer, will have rendered their culture obsolete; the values of hard work and individual initiative turn out to have depended on a system of belief that’s been scrambled by migration and urbanization and imported TV runs. Some of them would prosper in this new order. Some would move to America . And the others, the millions left behind in Djarkata, or Lagos, or the West Bank, they would settle into their own Altgeld Gardens, into a deeper despair.
At a deeper level, job loss isn’t just about financial calamity but the theft of dignity and the destruction of a culture. Dignity finds substance when we are able adhere to our values. When those values lose meaning in a changing economy, the despair is much more profound and community crumbles. An emerging progressive majority yearns for a better way to relate to our world beyond traditional rhetoric of left and right partisanship. A fragmented people demand a return to a nostalgic community of yesteryear.
Both Hillary and Obama offer proposals that are significantly better than Bush and McCain but each piece of legislation will die on the floor of a deadlocked Congress. Obama, the consummate organizer, takes another step further by helping us understand the bigger picture and challenging us to see that “we are the ones we’ve been looking for.” His campaign is striving to forge the national unity necessary to overcome the partisanship and bickering within the DC beltway. Community leader Helen Zia once observed that Asian American/ Pacific Islanders emerged nationally as a self-recognized racial community during the protests of the killing of Chinese American Vincent Chin by two recently laid-off autoworkers who blamed Japan for the loss of their jobs. This time, Obama articulates a proactive possibility for AA/PIs to rebuild community by joining the majority of Americans who are not only demanding bread but roses too.
–John Delloro


