A recent PEW study revealed that Latinos and Blacks were hit severely by the economic recession, particularly in terms of household wealth. Thus, the study showed “From 2005 to 2009, inflation-adjusted median wealth fell by 66% among Hispanic households and 53% among black households, compared with just 16% among white households.” Racism, last hired/first fired, [...]
Archive for July 29, 2011
Latinos and Blacks hit hardest by recession
Posted: July 29, 2011 in Culture and movies, Economy, Latino Politics, Obama, Power, Race, Tea Party, U.S. Politics, Uncategorized1