Guess Which Loyal Obama Voter Block Will Be Punished the Most By EPA’s Climate Change Regulations
Answer = Black Americans
President Obama is “rewarding” his most loyal voter block with EPA regulations that will punish black Americans with a big increase in electricity prices which will reduce their disposable income.
High energy prices harm lower- and fixed-income Americans because it takes a larger share of their income than households with greater income. Households with the lowest incomes are hurt the most.
Black households have the lowest average incomes and highest unemployment among demographic groups.
As reported by The Wall Street Journal, black households income was at $33,321 in 2012 which is the lowest median income among race groups according to a report by the U.S Census Bureau.
As promised by Obama in 2008, his climate change regulations will make electricity prices “skyrocket.”
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