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07-18-2011, 08:09 PM #1
Americas Own: African Americans Disproportionately Hurt by
this is not looking good... at all. The Economic Policy Institute has come out with the following figures:
By 2009, the median net worth for white households had fallen 24 percent to $97,860; the median black net worth had fallen 83 percent to $2,170, according to the EPI.
Algernon Austin, director of the EPI's Program on Race, Ethnicity and the Economy, described the wealth gap this way: "In 2009, for every dollar of wealth the average white household had, black households only had two cents."
Can anyone tell me what's going on?
Democratic town furious over migrant shelter opening in...
05-19-2024, 09:31 AM in illegal immigration News Stories & Reports