The gap between blacks and whites in income is big but nowhere near as big as the gap in wealth. According to the Federal Reserve’s Survey of Consumer Finances, as of 2013 the median white household had $13 in net wealth for every $1 in net wealth of the median black household. For whites vs. […]

via Here’s the Real Reason For America’s Racial Wealth Gap — Chocolate Vent

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s