Racial Wealth Gap Quadruples in Since Mid 1980s
The Institute on Assets and Social Policy published a report on Monday based on economic data from the same 2000 families from 1984 to 2007 (hat tip Michael Powell). Its sobering results likely understates the case, since it does not include the post financial crisis period. The study found that the median wealth gap between white families and black families rose from $20,000 in 1984 to $95,000 in 2007. As they say in my 'hood, 'what's up with that?'
But Obama's kids are attending Sidwell Friends, so it's all good.
ReplyDeletehallo ruth, i found your blog today, keep writing and i look forward for new post.
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