Politics Magazine

The Wealth Gap Between Blacks And Whites In The U.S.

Posted on the 24 July 2020 by Jobsanger
The Wealth Gap Between Blacks And Whites In The U.S.
The Wealth Gap Between Blacks And Whites In The U.S.
The Wealth Gap Between Blacks And Whites In The U.S.
The Wealth Gap Between Blacks And Whites In The U.S.
The charts above are from Axios.com. It shows the vast gap in wealth between Blacks and Whites in the United States. Note that at all income levels Whites have much more wealth than Blacks.
It has been suggested that education will even this disparity, but that has not been the case. Note in the second chart that there is a vast difference in wealth at all education levels.
I'm sure Republicans won't admit it, but this springs directly from slavery and Jim Crow laws in the past, and a continuing racism in this country's institutions.
Much has been made of the institutional racism in our justice system, and that definitely needs to be addressed. But we must also address the continuing inequality in our economic institutions.
We have come a long way since slavery and segregation, but these charts show there is still a long way to go.

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