« Africanised dandies and astronauts | Main | no nostie? no problem »

March 23, 2006

The Wealth Gap

A few days ago, I got this little squib from the Economic Policy Institute which looked at some data from the Federal Reserve that I haven't seen discussed anywhere:

The data in the report reveal that in 2004, minority incomes were about 56% that of whites. However, a far larger gap exists when we compare net worth: minorities' net worth was about 27% of whites, about half the size of the income ratio.

The rest of the snapshot is here.

Originally posted by Coyote from Coyote Blog, ReBlogged by cat on Mar 23, 2006 at 01:55 PM