New report, The Road to Zero Wealth: How the Racial Wealth Divide is Hollowing Out America’s Middle Class
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