Tag: income gap

New report: Blacks ‘beyond broke’

New report: Blacks ‘beyond broke’

| June 7, 2014

By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA)—The growing racial wealth gap—$200 in median wealth for blacks in 2011 and $23,000 for whites—threatens national economic security in the U.S., according to a recent report by the Center for Global Policy Solutions. “When it comes to the racial gap in liquid wealth, African Americans and Latinos […]

Read More

Ways to close nation’s wealth gap

Ways to close nation’s wealth gap

| March 17, 2014

By Charlene Crowell NNPA Columnist Today, middle class households feel the same financial stress that low- and moderate-income families have borne for years, says new research by the Corporation for Enterprise Development (CFED), a national nonprofit organization working to alleviate poverty and create economic opportunity.  In its report, Treading Water in the Deep End, CFED […]

Read More