Tuesday, July 12, 2011

Sobering Indeed

    In 2007, best year of the Bush era, white households had a median net worth of $134,280, compared with $13,450 for black households.

    By 2009, the median net worth for white households had fallen 24 percent to $97,860. For black households, it had plummeted 83 percent to $2,170, a near wipeout.
Patrick J. Buchanan rightly says that the above "statistics from the Economic Policy Institute were indeed sobering" — Black America vs. Obama?

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