Similar Stories to To Many, America’s Racial Wealth Gap Remains Invisible on Bing News

Chauncey DeVega, Salon: Politics
Thu, 09/21/2017 - 1:59am

(Credit: Reuters/Eric Thayer) In 1992, Andrew Hacker described the state of race relations in America as “separate, hostile, unequal.” He could have easily added “delusional” and “confused.” Twenty-five years later such a description remains all too accurate. New research from Yale University psychologists Jennifer Richeson and Michael Kraus demonstrates how many white and black Americans possess radically different perceptions — and lived experiences — on the economy, wealth and income. On Monday, the Washington Post’s Tracy Jan summarized this research: “Americans, especially wealthy whites, vastly overestimate progress toward racial economic equality despite evidence of persistent gaps between black and white workers when it comes to hourly wages, annual income and household wealth, according to a new paper by Yale University researchers published Monday. “The study’s results are especially stunning in the wake of census data released last week that showed that African Americans were the only racial group still making less than they did in 2000.” Such beliefs cannot be reconciled with the facts.

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Topics:  credit   reuters/eric thayer    andrew hacker    he    confused twenty-five   jennifer richeson   michael kraus   washington post s tracy jan    americans   african   latinos   ira katznelson    when affirmative action was   white   u.s    jim   jane crow   south   newsweek   undoubtedly   donald trump      party   ultimately   guardian    if   healing the   and   america   us   yale university   richeson   kraus   in    the   latino   prosperity now and   policy studies   public   gallup   united states   racial wealth gap   black   people   economy   research   race   family   brown   matters   percent   times   economic   families   racism   country   researchers   good   journey   possess   policies   chance   believed   monday   progress   divide   children   radically   years   experiences   perceptions   disparate   today   steps   social   median   civil   year   centuries   impact   life   color   rights   denial   relations   
BING NEWS:
  • The Wealth Gap PLUS Debt Revisited
    Parent PLUS loans now burden some of the neediest families with intergenerational debt that exacerbates the racial wealth gap.
    06/28/2024 - 6:37 am | View Link
  • The Racial Wealth Gap is Persistent – and Growing
    The racial wealth gap continues to deepen in large part due to the cumulative impact of the country’s racial history.
    06/27/2024 - 5:02 am | View Link
  • Editorial: Taking steps to close wealth gap should be a political and moral imperative
    The old cliche is that a rising tide lifts all boats, and lifting those at the bottom could have tangible benefits for the entire state. The Urban League of Louisiana estimates that closing the wealth ...
    06/26/2024 - 9:30 pm | View Link
  • Comparing economic performance for Black Americans under Trump, Biden
    Economists use two measures to assess the racial wealth gap, and Biden’s statement covered only one ... the homeownership rate remains relatively unchanged since 1968, the year the Fair Housing Act ...
    06/24/2024 - 1:00 pm | View Link
  • Report shows role that retirement savings plays in the Mass. racial wealth gap
    A recent report from the Boston Indicators paints a fuller picture of racial gaps in retirement savings and access in Massachusetts.
    06/24/2024 - 6:22 am | View Link
  • More
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