Tuesday, August 6, 2013

The Atlantic: Great Disparities of Wealth Between White and Black Families in the U.S.

Signe-Mary McKernan and Caroline Ratcliffe chronicle the varying degrees of wealth and income disparities that exist between whites versus Blacks and Latinos.

The article is linked below.

The Atlantic: Racial Disparities Between White and Black Families in U.S.

"Although the United States is one of the wealthiest countries, this prosperity remains out of reach for many Americans. Blacks and Hispanics, who strive to make a better life for themselves and their families, are not on the same wealth-building paths as whites. They are less likely to own homes and retirement accounts, so they miss out on these traditionally powerful wealth-building tools. Families of color also lost a greater share of their wealth in the aftermath of the Great Recession."
---Signe-Mary McKernan and Caroline Ratcliffe, The Atlantic 

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