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Racial Wealth Gap

Newark, New York and Seattle: Recovering From Decades of Growing Inequality

Dedrick Muhammad | Posted 07.16.2014 | Black Voices
Dedrick Muhammad

For the first time in decades, there are signs that the country might have turned a corner with strong progressive economic promises and action that uplifts middle-income and working-class Americans instead of the wealthy few.

Beyond Broke: Why the Racial Wealth Gap Matters

Dr. Maya Rockeymoore | Posted 06.29.2014 | Politics
Dr. Maya Rockeymoore

There are families in America who feel they have done all the "right things." They have played by the rules and worked hard but they aren't getting ahead financially. They have many things in common but the thing that is most striking is their racial make-up; they are mostly African-American and Latino.

The Civil Rights Act at 50: Why We Still Need Liberation Policy

Dr. Maya Rockeymoore | Posted 06.11.2014 | Politics
Dr. Maya Rockeymoore

Hearing President Obama's speech on the 50th anniversary of the Civil Rights Act, we are encouraged by the progress America has made to live up to its promise.

The President and the Pope: What's Missing From Their Inequality Talk

Dr. Maya Rockeymoore | Posted 06.01.2014 | Politics
Dr. Maya Rockeymoore

We knew before the meeting that economic inequality would be a topic of discussion, and afterwards we were told it was part of the conversation. Yet, I'm pretty certain that the elephant in the room was not discussed.

Fixing Income Inequality Demands New Thinking

Preeti Vissa | Posted 05.20.2014 | San Francisco
Preeti Vissa

These things may not be politically easy -- after all, we got to this point because wealthy interests wanted it this way, and those interests still have disproportionate influence -- but the path is at least clear. But these fixes, important as they are, won't be enough.

The Myth of a Post Racial America

Dennis Trainor | Posted 05.07.2014 | Black Voices
Dennis Trainor

Last week, President Obama unveiled his My Brothers Keeper initiative one day after the anniversary of the murder of Trayvon Martin and as the nation still grapples with the hung jury on the murder charge in the Michael Dunn case,.

MLK's Dream Of Economic Equality Is Still Far From Realized

The Huffington Post | Jillian Berman | Posted 01.25.2014 | Business

Some of Dr. Martin Luther King Jr.'s dreams have certainly come true. But when it comes to closing the economic gap between black and white Americans,...

These 2 Charts Prove We're Nowhere Near A ‘Post-Racial Society'

The Huffington Post | Maxwell Strachan | Posted 11.05.2013 | Business

White people only accounted for a little less than 64 percent of the U.S. population in 2010, according to the U.S. Census Bureau. So how do you expla...

The Wealth Gap: Why Dr. King's Dream Is Unfinished

Preeti Vissa | Posted 11.12.2013 | Politics
Preeti Vissa

Much of the racial wealth gap is a result of deliberate policy choices, both by government and the private sector. And because wealth can be handed down from generation to generation, the effects linger long after discriminatory policies change.

Showing the Disadvantaged a Path to Opportunity

Keith Weigelt | Posted 11.04.2013 | Black Voices
Keith Weigelt

We face many obstacles. Despite these, we are confident we can turn a disadvantage to an opportunity. It is a matter of positioning and execution.

50 Years After the March on Washington: The Growing Racial Wealth Divide

Dedrick Muhammad | Posted 10.16.2013 | Black Voices
Dedrick Muhammad

Many of the demands advanced at the 1963 March on Washington led to considerable gains for African Americans. However, with respect to the wealth -- the area that impacts economic mobility the most -- African Americans are actually losing ground.

Mobilizing the Disadvantaged

Keith Weigelt | Posted 07.20.2013 | Impact
Keith Weigelt

Many people are led to believe that investing is too complicated to handle on one's own. We believe this is not true. Investing can get complicated but it can also stay simple.

Study: The Recession Widened The Racial Wealth Gap

The Huffington Post | Jillian Berman | Posted 04.29.2013 | Business

The Great Recession decimated the wealth of many Americans, but the downturn hit black and Hispanic families especially hard, a new study finds, widen...

Could This Measure Help Close The Racial Wealth Gap? | Posted 03.15.2013 | Black Voices

African-Americans bear a disproportionate amount of consumer debt in our nation’s economy. The wealth gap between African-Americans and average Amer...

How Good Jobs Policies Can Reduce the Black-White Wealth Divide

Algernon Austin | Posted 05.06.2013 | Black Voices
Algernon Austin

The growing black-white wealth gap means that not only is this generation of blacks worse off, but the next generation too will face greater challenges. A good jobs agenda that provides full employment for blacks, higher wages and better benefits can reduce the black-white wealth gap.

Racial Wealth Gap Tripled Since Reagan Era As Whites Increase Large Lead Over Blacks: Study

The Huffington Post | Bonnie Kavoussi | Posted 02.27.2013 | Business

The wealth gap between blacks and whites has ballooned since the middle of the Reagan administration, nearly tripling between 1984 and 2009, according...

What Does Barack Obama Owe The Black Community?

Gregory D. Squires | Posted 03.20.2013 | Politics
Gregory D. Squires

Obama owes quite a bit to the black community, but not because of the vote, his color or even the presumably more liberal politics of his Democratic Party but because the federal government, among others, has an obligation to address the continuing significance of race in America.

'Employment Discrimination 2.0' And What Obama Can Do About It In His Second Term

Ben Jealous | Posted 03.20.2013 | Politics
Ben Jealous

As a candidate Obama promised to focus on jobs. In direct contrast to his opponent, he pledged to lift all boats -- especially those boats that had gotten stuck in the mud. Now that he is about to begin his second term, the black community is watching to see how he will follow through.

Typical White Family Increases Gigantic Wealth Lead Over Blacks: Census

The Huffington Post | Alexander Eichler | Posted 06.22.2012 | Business

It would be nice to think that the election of Barack Obama swept the U.S. into a new, miraculous post-racial era. But at the moment of his historic v...

Al Sharpton Gives G.O.P. Rep A Lesson In "Fairness"

Kirsten West Savali | Posted 04.01.2012 | Black Voices
Kirsten West Savali

The reason that the G.O.P. refuses to address the concepts of fairness and the wealth gap is because they are painfully aware that the corporate elite in this country are, in fact, getting rich off of the suffering of the working class.

Foreclosure Wreckage: Can Dr. King's Dream Be Saved?

Preeti Vissa | Posted 03.12.2012 | Business
Preeti Vissa

A return to the bad old days of redlining -- simply denying credit to whole groups of Americans on the basis of their income or skin color -- is not the route to stability in the housing market.

As More Affluent Blacks Leave Cities, Income Gap Widening: Census

AP | JESSE WASHINGTON | Posted 02.07.2012 | Business

What happens within the black community when the gap widens between the poor and the affluent? That's one question raised by new census data showing w...

Time for America to Wake Up & Do Something About the Racial "Wealth Gap"

Sophia A. Nelson | Posted 09.26.2011 | Politics
Sophia A. Nelson

Yesterday the news media was abuzz with stories on the growing wealth and prosperity gap between black, white and brown people in America. To be cand...

Budgeting for Greater Inequality

Michael Roth | Posted 09.26.2011 | Politics
Michael Roth

The defense of racial and economic privilege under the rhetoric of "taking back our country" or of "living within our means" further undermines our political culture today as it starves future generations of cultural and economic opportunity.

Study: Black Household Wealth Dropped 53% During Recession

Posted 09.26.2011 | Home

From the New York Times: Hispanic families accounted for the largest single decline in wealth of any ethnic and racial group in the country during...