Black---White Income Gap Keeps Increasing & Black Wages In Decline:

[amborin]

The gap in household income between blacks and whites hasn't narrowed in the last 50 years:






These ten charts show the black-white economic gap hasn’t budged in 50 years

Even as racial barriers have been toppled and the nation has grown wealthier and better educated," Fletcher writes, "the economic disparities separating blacks and whites remain as wide as they were when marchers assembled on the Mall in 1963."

Black Unemployment:

https://img.washingtonpost.com/wp-apps/imrs.php?src=&w=1484

[uponit7771]

1. Sigh, your chart stops at 2010 which was the height of Bush's mess he left Obama and this is a winge

... winger narrative that leaves out the generational effect of conservative econ policies on America.

[HooptieWagon]

3. After 2010 whites started going back up, blacks and Latinos continue down.

[Wilms]

5. Well, there's this.

[uponit7771]

7. Which misses the last 4 years... the change could be drastic from one year to the other... stop

... with this.

[Wilms]

10. Hurts?

Pardon if I seem insensitive. I'm just delving into the numbers and facts and I am more than happy to draw logical conclusions from them.

Wherever the truth leads....

[uponit7771]

11. No, not without a concrete point being made... showing the generational effects of Bush's policies

... doesn't hurt anyone.

regards

[Wilms]

13. Well, I can get you out to 2014...

Wealth inequality has widened along racial, ethnic lines since end of Great Recession

http://www.pewresearch.org/fact-tank/2014/12/12/racial-wealth-gaps-great-recession/

Did you find anything to support your assertion.

[uponit7771]

14. Still not year to year and which assertion are you talking about? that Sanders associated his campai

... campaign with someone labeled Obama as n-word-izzed named Cornell West?

That's on video... easilly googled

[Wilms]

16. .

[uponit7771]

17. Nah, the chart shows year to year effect so no GPM... also which assertion are you talking about

[Wilms]

24. Do you have any substantiated info to offer?

Just asking.

[uponit7771]

25. Could you be more specific?!?!?

[Wilms]

29. In other words...

If Hillary winds up in the WH, send her your resume. You are skilled!

[nashville_brook]

23. it's really too bad that Obama's policies have been so ineffective in addressing this.

we all expected more change than we got. truth is, this administration has been *transitional* rather than transformational, which was promised.

[amborin]

6. but the decline for Blacks Started to Get Worse in 2010:

The wealth gap between black and white households was way worse in 2013, than it was in 2010. Things are getting worse, not better.


Likewise, the wealth of white households is now more than 10 times the wealth of Hispanic households, compared with nine times the wealth in 2010.








http://www.pewresearch.org/fact-tank/2014/12/12/racial-wealth-gaps-great-recession/

[uponit7771]

8. Yes, Bush's horidness is generational... what's the point?!?! tia

[amborin]

9. that argument doesn't work---things started to suddenly deteriorate more rapidly starting in 2010:

starting in 2010, the rate of decline of black wealth is increasing;

that means current policies--which Hillary will continue---are not only NOT working to stop the decline, but they are actually working to speed up the decline

[uponit7771]

12. Oh, so this is Obama's fault!? REALLY?!?! lol... sigh... go tell Sanders to say this... lets see how

... far this line of logic will go outside of GDP

[Wilms]

15. I'd have to question that.

Who stopped him from going after the banks? And they're now bigger and wealthier...just like a lot of insurance companies.

And here's proof of Change.

[uponit7771]

18. Bush's bank laws stopped him and Sanders vote on the CFMA which allowed for the hyper leveraging

... helped.

soooooo, yeah... there it is

oh... HRC didn't vote for GS

[Wilms]

22. You can find accurate info regarding the CFMA right here on DU.

That is, in most forums.

Stay happy.

[amborin]

27. that repeats Clinton's lie:

http://www.democraticunderground.com/12511047672

[amborin]

19. the data show that Obama's policies are not helping; no one said his policies caused the

initial decline, but it is safe to say that Obama's policies are not stopping the decline, and the decline started to get worse in 2010, whereas it had started to level off slightly right before 2010.

[uponit7771]

20. Republicans are blaming the fire fighter for not putting the fire they started out fast enough...

... also, I'm not a LIV.... there's ALWAYS been a lag with PoC back into parity with whites after a big economic downturn.

The Republican (not Obama) Great Recession wiped out a lot of PoC wealth

[amborin]

30. keep telling yourself that; but the facts show otherwise

one more time: things started to stabilize heading into 2010, but then, starting in 2010, things started going bad at a faster rate;

Bernie has plans to address this; Hillary does not.

take care!

[uponit7771]

31. What facts? You haven't proffered anything but a chart that cuts years off and an specious position

... that sounds like you're blaming Obama for were PoC are at now without directly saying it.

and then... you leave out the fact that in 2010 there was a republican congress... same thing Sanders does; leaves out of a negative narrative of the negative effect of the GOP gerrymandered congress.

I see Sanders isn't making this argument... that would at least be genuine (I don't think Sanders is as genuine as some say he is)

[HooptieWagon]

2. Most Blacks support the candidate who will continue the gap.

I guess they're ok with it. If they thought it should be addressed, they'd be supporting the candidate wanting to improve racial and economic inequalities.

[uponit7771]

21. Do you think this post could be offensive? Most blacks are supporting Obama's legacy instead having

... someone who called Obama "n-word-izzed" stump for him in mostly white states

http://www.esquire.com/news-politics/politics/news/a39737/cornel-west-bernie-sanders-iowa/

[HooptieWagon]

28. How is Hillary continuing Obamas legacy?

She just did a 4 year stint as Sec of State, they're still cleaning up the mess and scandals (the only scandals in Obamas Admin). She didn't do him any favors there.
Sanders hasn't used the N-word or played the race card at all. That would be the Clintons, who have a long sordid history of engaging in dog-whistles and racism.
If blacks want to support Hillary, that's fine...it's their votes. But if they're expecting anything to be done to address institutional racism, economic equality, access to education, and reduction of healthcare costs to median and lower income households, then they'll find themselves with a big case of buyers remorse if Clinton wins. Most likely though, any of the republicans beats her.

[whatchamacallit]

4. Either this issue isn't important or it's Bernie's fault

[azmom]

26. Kick

[Jitter65]

32. And the steepest climb in black income was during what time period?

Wonder why many blacks support the Clintons?