President Obama, in response to a question by David Letterman as to whether the vitriol at health care forums was motivated by racism, said, “I was actually black before the election.”

Letterman responded, “Really? How long have you been a black man?”

I just think it’s incredible that we can witness a conversation on race in this context.

Letterman and President Obama spoke about the economy, health care, the kids.

And, on the economy, I just heard the President say, “We lost $5 trillion of wealth” because of this economy.

I hope the President is reading Paul Krugman.