Analysis of U.S. Census: wealth gaps in whites vs. people of color grown to widest levels in 25 yrs

in Our "backyard": http://www.inourownbackyard.us/

NAACP, 102 years old this week! lynn and i are rhe Only 2 "white", in ONE HUMAN FAMILY, Members of the NAACP here in Magee, and only ones to attend 100 yrs Banquet & Awards Cerimony @ the Magee City Center, which was not even mentioned in the "Local" newspaper! http://www.nccp.org/publications/pub_622.html http://www.nccp.org/topics/childpoverty.html

Census: U.S. Racial Wealth Gap Widest in Quarter Century

A new analysis of U.S. Census data shows the wealth gaps between whites and people of color have grown to their widest levels in a quarter-century. White Americans now have on average 20 times the net worth of African Americans and 18 times that of Latinos. The Pew Research Center has found the median wealth of white U.S. households in 2009 was about $113,000 compared with just over $6,300 for Hispanics and just under $5,700 for blacks. The white-black wealth gap is the widest since the census began tracking such data in 1984. Roderick Harrison, former chief of racial statistics at the Census Bureau, said, "I am afraid that this pushes us back to what the Kerner Commission characterized as 'two societies, separate and unequal.'" Latinos have been hit particularly hard by the recession. The median wealth of Latino households fell by 66 percent between 2005 and 2009. During that same period the median household wealth of whites dipped 16 percent.


Posted on Tue, Jul. 26, 2011

Commentary: America, behold your future
quote from below Kansas City article:
"I'll tell you what the true face of poverty is: It is a child.

A shamefully large number of those children are growing up in economically unstable homes. In this seemingly unending recession, the hardest-hit have been those who don't have college educations. Families that were subsisting one or two paychecks away from disaster have hit the wall. Every month, more join their ranks. That does not bode well for their ability to afford a college education for their children - or in a lot of cases, just to provide the stability it takes to graduate from high school.

Just who does Congress think America can count on to rebuild its economy and thrive in the future?

Too many Americans like to think the poor are "not our problem." They are dead wrong. They are our future.


Read more: http://www.kansascity.com/2011/07/26/3029488/commentary-america-behold-your.html#ixzz1TF2TQQOO"
>>>>>>>>>from the Kansas City Star:
http://www.kansascity.com/2011/07/26/v-print/3029488/commentary-america-behold-your.html