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> The median white household will have 86x more wealth than the median black household by 2020. I had to look up median to make sure I wasn't confusing it with
by default-kramer 9y ago
> The median white household will have 86x more wealth than the median black household by 2020.
I had to look up median to make sure I wasn't confusing it with the mean. This is almost unbelievable. I would have guessed 10x at most.
- tanderson92 9y agoForeclosed: Destruction of Black Wealth During the Obama Presidency http://peoplespolicyproject.org/wp-content/uploads/2017/12/Foreclosed.pdf http://peoplespolicyproject.org/wp-content/uploads/2017/12/F... This white paper goes a long way to explain why this occurred.