AnMaster.com


Go Back   AnMaster.com - Experts Forum Network on any thing and everything. > Financial Sector > Economic Issues
Forgot Password? Register


Economic Issues Thread About, Income gap widens within the black community


Income gap widens within the black community JESSE WASHINGTON (The Associated Press) 09:44:23PM (ET) Thursday,December 8,2011. What happens within the ...
 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 12-08-2011, 06:43 PM   #1
Your World & Experience
 
Alexkid's Avatar
 
BlackJack Champion
Join Date: Jan 2009
Location: Eastern Time Zone
Posts: 6,898
Rep Power: 10 Alexkid is on a distinguished road
Default Income gap widens within the black community

Income gap widens within the black community
JESSE WASHINGTON
(The Associated Press)

09:44:23PM (ET) Thursday,December 8,2011.

What happens within the black community when the gap widens between the poor and the affluent? That's one question raised by new census data showing well-off African-Americans leaving cities for the suburbs and the South while the ranks of the black poor grow larger.

Over the past decade, the share of black households ranking among the poorest poor — those earning less than $15,000 — climbed from 20 percent to 26 percent, according to census figures released Thursday. Other racial and ethnic groups posted smaller increases. During the same period, the percentage of African-Americans making $200,000 or more a year was unchanged at 1.1 percent, even after the Great Recession.

Meanwhile, in a reversal of the Great Migration that once pushed blacks to flee Southern racism for economic opportunity in northern cities, many affluent blacks are returning to the South. Incomes and black populations have grown in the last decade in cities such as Atlanta, Dallas and Miami.

...African-Americans have overwhelmingly supported liberal policies since Democratic President Lyndon Johnson pushed through civil rights legislation of the 1960s.

Jesse Washington covers race and ethnicity for The Associated Press. He is reachable at jwashington(at)ap.org or Twitter.

___

Associated Press Writer Hope Yen in Washington contributed to this report.

-----------------------------------------------------------------
Concerned economic concerns.
__________________
Yeah...Do That.
Alexkid is offline   Reply With Quote
 

Tags
black, community, gap, income, widens

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


All times are GMT -7. The time now is 10:06 AM.

Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0