Racial Wealth Gap

Congress of Racial Equality and members of the All Souls Church, Unitarian located in Washington, D.C. march in memory of the 16th Street Baptist Church bombing victims. The banner, which says “No more Birminghams”, shows a picture of the aftermath of the bombing. (Photo: US News & World Report Collection, US Library of Congress / Wikimedia Commons)

COMMENTARY: White churches have a moral responsibility to stand up

December 12, 2018 Rev. Jesse L. Jackson Sr. 1

NNPA NEWSWIRE — The nation is facing many morally relevant social, economic and political crises — voter suppression, income and wealth inequality, criminal justice reform and climate change — that now pose an existential threat to the next generation. Why does the white church remain so silent in the face of these mounting crises and denial of justice and opportunity? […read more]

The Value of White Privilege and the American Dream

February 14, 2017 NNPAFreddie 0

Racial Wealth Gap Could Close with Systemic Public Policy Reforms, says New Research By Charlene Crowell (NNPA Newswire Columnist) As 2017’s Black History observances unfold in communities across the country, new research on racial wealth gaps refutes the age-old advice for people of color to Read More

Racial Wealth Gap Persists Despite Degree, Study Says

August 17, 2015 Reporter II 0

Patricia Cohen, THE NEW YORK TIMES (The New York Times) — Even with tuition shooting up, the payoff from a college degree remains strong, lifting lifelong earnings and protecting many graduates like a Teflon coating against the worst effects of economic downturns. But a new Read More

How the ‘Black Tax’ Destroyed African-American Homeownership in Chicago

June 13, 2015 Reporter II 0

Kriston Capps, CITY LAB CHICAGO (The Atlantic’s City Lab) — The best time to steal someone’s home is at Christmas. That’s when folks find their budgets stretched the tightest by the gift-giving season. People put off their bills to focus on family. The Read More

Maxine Waters Works to Shrink Wealth Gap

March 30, 2015 Reporter II 0

By Benjamin F. Chavis, Jr. NNPA Columnist One of leading freedom fighters in the United States Congress is none other than the extraordinarily dynamic Maxine Waters (D-Calif.). Congresswoman Waters does not bite her tongue. Not only has she gained the top Democratic seniority position Read More

Blackonomics: 50 Years of Economic Futility

February 23, 2015 Reporter II 0

By James Clingman NNPA Columnist During the 50-year period from 1963 (“I have a dream!”) to 2013, Black people have been on a virtual economic treadmill. Our relative economic position has not changed; our unemployment rate has consistently been twice as high as Read More

Is Black America Better Off Under Obama?

January 5, 2015 Reporter II 0

By Lauren Victoria Burke NNPA Columnist “Like the rest of America, Black America, in the aggregate, is better off now than it was when I came into office,” said President Obama on December 19, in response to a question by Urban Radio Networks White Read More

White People Have 13 Dollars for Every Dollar Held by Black Americans

December 13, 2014 Reporter II 0

Michael A. Fletcher, THE WASHINGTON POST (The Washington Post)—The Great Recession was hard on almost everyone, eroding the net worth of the typical American by nearly 40 percent between 2007 and 2010. But the recovery has been more selective, according to a new analysis Read More

Brandeis Study finds Racial Wealth Gap Growing

November 26, 2013 NNPAFreddie Comments Off

By Charlene Crowell NNPA Columnist Although most Sunday school children are warned against the “love of money,” by adulthood it is the lack of it that becomes the source of many problems. When finances are so fragile that even a small shortfall presents a big Read More

Black-White Wealth Gap Worse than Expected

May 8, 2013 NNPAFreddie Comments Off

[NNPA] By Freddie Allen NNPA Washington Correspondent ASHVILLLE, N.C. (NNPA) – Before the end of the Great Recession, researchers at United for a Fair Economy, a group that advocates for economic justice, estimated that it would take 594 years to close the wealth gap between Read More

Study Prompt calls for Policy Reforms to Eliminate Racial Wealth Gaps

May 7, 2013 NNPAMaya Comments Off

By Charlene Crowell NNPA Columnist According to a new research report, America’s racial wealth gaps will persist until public policy reforms provide every family the opportunity to build wealth. Less than Equal: Racial Disparities in Wealth Accumulation, from the Urban Institute’s Opportunity and Ownership Read More