Monday, June 17, 2019

WEALTH GAP - Racial Wealth Disparity in America

"Can ‘baby bonds’ help the U.S. close its staggering racial wealth gap?" PBS NewsHour 6/13/2019


SUMMARY:  Whites in the U.S. have much greater household and individual wealth than blacks and other minorities.  In fact, the typical black household has about 10 cents for every dollar of wealth in a typical white household.  Some economists and politicians believe this racial wealth disparity will continue to widen unless it's addressed.  As Paul Solman reports, one idea for closing it begins at birth.

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