Black People Politics : wealth-gap-is-structural

jamesfrmphilly

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http://thegrio.com/2017/02/06/new-racial-wealth-gap-report-finds-that-wealth-gap-is-structural/


new report issued by Demos and the Institute for Assets & Social Policy (IASP) at Brandeis University’s Heller School for Social Policy and Management examining the racial wealth gap between African-American, Latino, and white households found that the gap is structural and fueled by public policy.

The report found that the gap is not affected by college attendance, two-parent households, full-time jobs or lower spending. All of these explanations have been put forth to explain the wealth gap, but all were found not to make a significant difference in closing the gap.

For centuries, white households enjoyed wealth-building opportunities that were systematically denied to people of color. Today our policies continue to impede efforts by African-American and Latino households to obtain equal access to economic security,” said Amy Traub, who is the Associate Director of Policy and Research at Demos and co-author of the report.
 

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