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Tuesday, May 18, 2010

White Wealth and Black Debt Shot Up in "Growth" Years http://www.truthout.org/white-wealth-and-black-debt-shot-up-growth-years59601

The wealth gap between Blacks and Whites has grown by fourfold over the course of Generation X’s lifetime, exploding to $95,000, a study released today found. And the debt burden among African American families has nearly doubled.So rich White people got really rich at the close of the 21st century. It puts the neo-liberal growth years into a new light--all that growth went into very few pockets.

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