IMO the racist interpretation is that it’s funny because while the stereotype is true, the idea that behavior alone could bridge the distance between white people and black people is ridiculous.
The anti-racist interpretation is that it’s funny because in order for the stereotype to be true, the ridiculous notion that Trump is black and Obama is white would also have to be true. For the people who like Trump, there’s also the implication that it’s wrong to discriminate against someone just because according to the stereotype he’s more likely to be a felon, given that someone who definitely is a felon is also the right person to be President.
IMO the racist interpretation is that it’s funny because while the stereotype is true, the idea that behavior alone could bridge the distance between white people and black people is ridiculous.
The anti-racist interpretation is that it’s funny because in order for the stereotype to be true, the ridiculous notion that Trump is black and Obama is white would also have to be true. For the people who like Trump, there’s also the implication that it’s wrong to discriminate against someone just because according to the stereotype he’s more likely to be a felon, given that someone who definitely is a felon is also the right person to be President.