Monday, October 17, 2011

The Wealth Gap is real. It is palpable. But, it has been around a long time.

It is just that it has not been this profound before.  American Exceptionalism is suppose to be the promise that overcomes any oppression or poverty.  It has been removed from the landscape for vastly more Americans than ever before.


The wealth gap (click title to entry - thank you) between whites and minorities has risen to a historic high, according to new census data analyzed by the Pew Research Center, as the collapse of housing prices more severely affected the net worth of African American and Hispanic households.
The report, which was to be released Tuesday, shows that the recession wreaked havoc on the wealth of all Americans but that whites lost the least amount as a percentage of their holdings....
This time when we end it, we do it for all Americans.