Jul 29, 2011

Wealth Gap Between Minorities and White Americans Doubles After Recent Recession

By Juan Gonzales / democracynow.org

A new study of U.S. census data reveals that wealth gaps between whites and minorities in the United States have grown to their widest levels since the U.S. government began tracking them a quarter-century ago. White Americans now have on average 20 times the net worth of African Americans and 18 times that of Latinos. According to the Pew Research Center, the gaps were compounded during the housing bust and the subsequent recession, and essentially wiped out much of the economic progress made by people of color over the past 20 years. 

Rate this article 
Economics
The Conflation Trap: How the Left & Right get Fooled into Supporting Elite Interests
Popular Videos
Trending Videos
Israelism (2023)
84 min - When two young American Jews raised to unconditionally love Israel witness the brutal way Israel treats Palestinians, their lives take sharp left turns. They join a movement of young American Jews...
In The Eye Of The Storm: The Political Odyssey Of Yanis Varoufakis (2024)
258 min - 'In the Eye of the Storm' is a six-part documentary series about the dramatic journey and inspiring vision of one of the foremost political figures of our age, the maverick Greek economist Yanis...
The Economics of Happiness (2011)
65 min - Economic globalization has led to a massive expansion in the scale and power of big business and banking. It has also worsened nearly every problem we face: fundamentalism and ethnic conflict...
Trending Articles
Developing Skills of the Heart
New Documentaries
Subscribe for $5/mo to Watch over 50 Patron-Exclusive Films

 

Become a Patron. Support Films For Action.

For $5 a month, you'll gain access to over 50 patron-exclusive documentaries while keeping us ad-free and financially independent. We need 350 more Patrons to grow our team in 2024.

Subscribe here

Our 6000+ video library is 99% free, ad-free, and entirely community-funded thanks to our patrons!