Discussion – Startling Wealth Gap Between Whites and Minorities
Matt | On 27, Jul 2011
The Pew Research Center released some startling 2009 information about the wealth gap between whites and minorities in the U.S.
Here are some quick facts for you to chew on:
- The median wealth of whites is 20 times that of African-Americans.
- The median wealth of whites is 18 times that of Hispanics/Latinos.
- These are the largest wealth gaps in 25 years … and double the size of the gaps of the last 20 years.
When you really sit down and think about it, this is some sad stuff. I’m not going to act brand new like there has never been a wealth disparity before. But, since the numbers are from 2009 … you can factor a RECESSION and bad housing market in the mix as well. That means it has been extra rough for people!
**I want you to discuss this in the comment section below.**
Do you see this wealth gap in your own life? What can be done about it? Let’s start talking about some solutions from regular people like ourselves.