The speech is about what you would expect, victim-pander-wise. Here’s the worst paragraph:

Too many young men of color feel targeted by law enforcement, guilty of walking while black, or driving while black, judged by stereotypes that fuel fear and resentment and hopelessness. We know that, statistically, in everything from enforcing drug policy to applying the death penalty to pulling people over, there are significant racial disparities. That’s just the statistics. One recent poll showed that the majority of Americans think the criminal justice system doesn’t treat people of all races equally. Think about that. That’s not just blacks, not just Latinos or Asians or Native Americans saying things may not be unfair. That’s most Americans.

Given the context and the audience, I don’t think the president meant to leave any doubt that these “feelings” are well-founded, those “statistics” are problematic only in that the truth is even worse, and that the poll likewise reflects reality. Yes, the ranks of the police and prosecutors and judges are filled with racists, no doubt about it.