Discussion in 'Politics' started by buckeye45_73, Jun 22, 2012.
Recession widens the wealth gap by race - Jun. 21, 2012
From the article:
'The gap between the races widened considerably during the recent economic downturn, which whites weathered better than blacks, Hispanics and Asians.
The latter three groups saw their median household net worth fall by roughly 60% between 2005 and 2010, while the median net worth for white households slipped only 23%.'
This certainly begs the question...
How's that hopey changey thingy workin out for ya?
The Pre-Pelosi Era will be remembered as the good old days.
Prior to her taking charge, we had virtual full employment, a record 52 months of minority job growth, record DOW, record tax receipts to the Federal treasury, record GDP, and EVERYONE paying a lower tax rate to the Fed than they did under Clinton, even though the rich paid a record amount and a record share of that amount AFTER the Bush tax cuts.
ahhh. the good ol' days.
I miss the President Clinton days of peace and prosperity - before the Bush nightmare...
What's he doing for Blacky?
You really are
Keeping her on the plantation.
Yes, any time the economy falters the wealthy will become wealthier in relation to those who were poor in the first place.
And as the white race started out wealthier statistically that means that the income and wealth gap by race will also get worse.
Now seriously...who reading this really needed ME to tell them that?
Separate names with a comma.