Life in the Fast Lane -- A rising tide lifts all ships?

President Obama answered a question from a BET reporter during his press conference about the disproportionate economic impact that the recession is having on Black people -- particularly Black males. The question was, "What specific programs will you implement to address this crisis?"

His response that the stimulus program and other programs that he has announced are targeted to those who are impacted by the economic crisis, and not the rich. Therefore, those who are disproportionately affected will be disproportionately helped by the steps to improve the economy. In effect, A rising tide will lift all ships -- and more of the ships of those who feel the worse effects.

Do you agree with this? What would you recommend that he do?