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The key to black advancement and upward mobility is to enact tax incentives and to expand economic and educational opportunities in the black community. Doesn’t anyone in this group read Black Enterprise magazine?

The unemployment rate for blacks fell below 9 percent in the 1990s when the economy took off after President Clinton, during his second term, signed a Republican bill that cut the capital gains tax rate to 20 percent. The move unleashed a powerful shot of economic growth that pounded the unemployment rate below 5 percent. Last month, Mr. Obama raised the capital gains tax.

One of the worst economic legacies of the Obama years also will be the high unemployment rate among 18- to 29-year-olds, which stands at 11.5 percent, according to the Labor Department.

“Millennials are struggling with the worst sustained unemployment since the Second World War,” said David Pasch, director of the nonpartisan organization Generation Opportunity. “This is tragic. Almost 1 in 6 millennials did not go to work this morning.”

More than half of recent college graduates are unable to find employment commensurate with their educational and training skills, according to a 2012 Rutgers University study.

A more recent Pew survey of 2,500 adults found that more parents ages 40 to 59 are having to support their adult children. “The causes include the difficulty young adults have finding decent employment,” said Andrew Cherlin, a sociologist at Johns Hopkins University.

In his inaugural address last month, Mr. Obama did not substantively address any of these economic troubles that confront millions of Americans. He has no plans to deal with them in his second term because he didn’t run on an agenda of job creation and economic renewal, our country’s two most pressing needs.

“It is remarkable that Democrats have been able to run from this issue, but it’s also shocking that Republicans have done so little with it,” writes Jennifer Rubin, a blogger at The Washington Post.

She is right. Republicans have to get more aggressive and vocal in attacking this issue, championing a bold, pro-growth, pro-jobs agenda that needs to be conspicuously nailed to the door of the White House.

Americans are suffering out there, and Mr. Obama has been a bystander in what has become a national tragedy of epic proportions.

Donald Lambro is a syndicated columnist and former chief political correspondent for The Washington Times.