the typical black household had just $5,677 in wealth (assets minus debts) in 2009, the typical Hispanic household had $6,325 in wealth and the typical white household had $113,149.
Moreover, about a third of black (35%) and Hispanic (31%) households had zero or negative net worth in 2009, compared with 15% of white households. In 2005, the comparable shares had been 29% for blacks, 23% for Hispanics and 11% for whites.
[Source]
You may have noticed my output has slowed up. The reason for this is simple enough, the things I find worthy of publishing are down right depressing. I don't much care if Kanye and Jay Z are fighting over their tours production values or not. I'm not interested in who is the hottest Kardashian. What I find interesting are things like the above.
The fact that for ever dollar a White family has, a Hispanic family has 6 cents and a Black family has a nickel. You can talk about the end of racism, you can talk about so called reverse racism, you can say much anything you want, but if you follow the money you'll see the reality of things.
Reality can be depressing.
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