It’s encouraging to see presidential candidates of both parties talking about economic inequality, but they’re missing something important. To fix America’s economy, they must address the huge economic disparities between racial and ethnic groups.
For every dollar of wealth a white family has, the median Asian family has about 81 cents, the median Latino family has 7 cents and the median black family has less than 6 cents. And that comparatively strong overall figure for Asian-Americans masks pockets of severe poverty, particularly among Southeast Asian immigrant communities.
↧
Presidential candidates must address racial wealth gap
↧