It will take 228 years for the wealth of Black families to catch up to that of Whites. That alarming calculation was compiled from the findings of a new study by the Corporation for Enterprise Development and Institute for Policy Studies. The study found that between 1983 and 2013, Black household wealth only grew from $67,000 to […]
"The rent is too damn high," and more of us are being forced to pay it.
Dr. Maya Rockeymoore – the head of Global Policy Solutions, a Washington, D.C.-based policy firm – said in a recent opinion piece that Sunday’s Democratic presidential debate sponsored by the Congressional Black Caucus Institute whitewashed the Black agenda. Rockeymoore stated in her op-ed, “Amidst outrage about the Academy Awards whitewashing the Oscars, NBC News has managed to […]
According to the Institute for Policy Studies, the wealth of the Forbes 400 billionaires is equal to the wealth of the entire African American population.…
As America’s economic woes continue to plague its citizens due to the Great Recession, the disparity of wealth between Whites and Blacks has widened to…
The first place to end poverty is in your own mindset. If you believe that you are supposed to live in an unending state of poverty and hopelessness, then that is exactly where you will continue to find yourself. It is, therefore, refreshing to witness President Barack Obama and the U.S. Department of Commerce place […]
Black people are used to being broke. No one bothers to tell their personal story of growing up in poverty, because you probably have a friend with a better story to tell. But times are slowly getting better, as we went from watching “Good Times” and “Sanford and Son,” to enjoying “The Cosby Show” and “The Fresh Prince of Bel-Air.” Although we’ve got some work to do, black folks are always “movin on up.”
