Surprise! White-Minority Income Gap Continues to Widen
source: http://www.alternet.org/blogs/peek/145182/surprise%21_white-minority_income_gap_continues_to...
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What do you call a society that in a period of crisis leaves its weakest to fend for themselves, while rushing to the aid of its most powerful? The United States.
The income gap between whites and blacks in America has been widening for some time. A few years ago, a Brookings Institution study spelled out the fact that thirty-something blacks in 2007 were worse off than their parents had been at the same age in the mid-1970s. Despite the civil rights wins, the gap between African-Americans and whites had at some point started getting worse, not better.
And with the recession comes even more disheartening news. A new study by United for a Fair Economy, aptly titled "State of the Dream 2010: Drained – Jobless and Foreclosed in Communities of Color" (pdf), paints a dismal portrait of the situation at the end of last year. Its authors broke down the unemployment rate by race and ethnicity and found that the Dec. 2009 rates were higher for African-Americans and Latinos than any annual rate in nearly three decades.
More at the link:
The income gap between whites and blacks in America has been widening for some time. A few years ago, a Brookings Institution study spelled out the fact that thirty-something blacks in 2007 were worse off than their parents had been at the same age in the mid-1970s. Despite the civil rights wins, the gap between African-Americans and whites had at some point started getting worse, not better.
And with the recession comes even more disheartening news. A new study by United for a Fair Economy, aptly titled "State of the Dream 2010: Drained – Jobless and Foreclosed in Communities of Color" (pdf), paints a dismal portrait of the situation at the end of last year. Its authors broke down the unemployment rate by race and ethnicity and found that the Dec. 2009 rates were higher for African-Americans and Latinos than any annual rate in nearly three decades.
More at the link:
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