“The average African-American household takes home around 40 percent less income than a similar white family. The gap between non-Hispanic whites and Hispanics (who can belong to any race) is just over 30% (Excel file).

But racial income inequality pales in comparison to the racial gap in net worth — in household wealth accumulated through one’s lifetime and passed from generation to generation — especially between whites and blacks. It’s the living legacy of hundreds of years of structural racism in our past.

And, according to a new study by the Pew Research Center, that wealth gap has grown significantly since Wall street crashed the economy…”* The Young Turks hosts Cenk Uygur breaks it down.

*Read more here:
http://www.rawstory.com/rs/2014/12/smart-chart-the-black-white-wealth-gap-widened-during-the-great-recession/

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