The Racial Wealth Divide Hurts The Entire Middle Class
By bridging the racial wealth divide, we can reduce the economic inequality that’s holding down our entire country.
What does the racial wealth gap look like when you take the family car out of the equation? Recent data from the Survey of Consumer Finances shows that without consumer durable goods, the middle black family has a net worth of just a few thousand dollars. Antonio Moore breaks down the numbers in a new video.
Check out the Tonetalks YouTube channel for more videos from Antonio Moore on the racial wealth gap and other topics of the day.
Antonio Moore, an attorney based in Los Angeles, is one of the producers of the documentary Freeway: Crack in the System. He has contributed pieces to the Grio, Huffington Post, and Inequality.org on the topics of race, mass incarceration, and economics. Follow on Twitter @Tonetalks
by Dedrick Asante Muhammad
By bridging the racial wealth divide, we can reduce the economic inequality that’s holding down our entire country.
by Vijay Das
The California Reinvestment Coalition is holding Steven Mnuchin's former bank accountable for the redlining that took place under his watch.
by Basav Sen
Barriers to public transit access make it harder for people, particularly people of color and the poor, to get to jobs and schools.