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  1. #1
    RoadBikeReview Member
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    Median net worth in black and white

    A story I heard last night said that median net worth of white households is 20 times (!) the median net worth in black households. I'm stunned.

  2. #2
    waterproof*
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    Hmmm seems doubtful... got a linky?
    * posted by Creakybot 2013 all rights reserved.
    * not actually waterproof.

  3. #3
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    I heard it on NPR last night. Here's a link to a Pew Research article Wealth Gaps Rise to Record Highs Between Whites, Blacks, Hispanics | Pew Social & Demographic Trends

  4. #4
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    white folks

    must be working harder
    +1 for the NRA!

    Guns save lives.

  5. #5
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    Quote Originally Posted by PdxMark View Post
    A story I heard last night said that median net worth of white households is 20 times (!) the median net worth in black households. I'm stunned.
    Really? Know much about U.S. history

  6. #6
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    Quote Originally Posted by jarbiker View Post
    must be working harder
    Nah --- its the clothes they wear.
    “The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”

    John Kenneth Galbraith

  7. #7
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    Quote Originally Posted by Dwayne Barry View Post
    Really? Know much about U.S. history
    Ya. You'd think I should have expected it. It was the median-ness of it the struck me.... I guess I had a pie-eyed panty-waist view on finances for at least some blacjks.... OWS with it's 1% thing is almost nothing in comparison... Half of all black households have 1/20th(!) the net worth of half of all whites are 5 percenters.... Those white OWS 99 percenters have nothing to complain about ...

  8. #8
    Call me a Fred
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    Did they count all the bling?
    Mike

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    Hang it upside your wall
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    I need my ashes hauled.

    Sleepy John Estes

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  9. #9
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    when reading these numbers, right-wing analysis leads me to two conclusions:


    1) statistics are "playing the race card."


    2) white people must work 20x harder than black people.
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    How I wished during those sleepless hours that I belonged to a different nation, or better still, to none at all.....- W.G. Sebald
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