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Viewpoint: Here’s why black colored families have actually struggled for many years to achieve wealth

Viewpoint: Here’s why black colored families have actually struggled for many years to achieve wealth

Posted: Mar 4, 2019 8:40 a.m. ET

Long reputation for government policies that facilitated wide range for white Us citizens although not for blacks

DarrickHamilton

TrevonLogan

Black History Month is just about the time for you to think on most of the progress black Us citizens are making, nevertheless the sobering truth is with regards to wealth — the paramount indicator of economic protection — there has been which has no progress within the last 50 years.

According to information from the Federal Reserve’s Survey of customer Finance, the standard black household has just 10 cents for almost any buck held by the standard family that is white.

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