[lbo-talk] Income gap grows between white, black families in US

Mark Rickling mrickling at gmail.com
Tue Nov 13 09:17:02 PST 2007


Here's the Wash Post's take on this study:

Middle-Class Dream Eludes African American Families Many Blacks Worse off Than Their Parents, Study Says

By Michael A. Fletcher Washington Post Staff Writer Tuesday, November 13, 2007; Page A01

Nearly half of African Americans born to middle-income parents in the late 1960s plunged into poverty or near-poverty as adults, according to a new study -- a perplexing finding that analysts say highlights the fragile nature of middle-class life for many African Americans.

Overall, family incomes have risen for both blacks and whites over the past three decades. But in a society where the privileges of class and income most often perpetuate themselves from generation to generation, black Americans have had more difficulty than whites in transmitting those benefits to their children.

http://www.washingtonpost.com/wp-dyn/content/article/2007/11/12/AR2007111201711.html?hpid=topnews



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