Thursday, June 18, 2009

Quote of the Day

For every dollar owned by the median white family in the United States, the typical Latino family has twelve cents, and the typical African American family has a dime.

Now that puts things in perspective, doesn't it.

Quoted by Ludovic Blain in Laying the Foundation for National Prosperity: The Imperative of Closing the Racial Wealth Gap from the Federal Reserve Board, 2007 Survey of Consumer Finances, "Full Public Data Set" (Washington: The Federal Reserve Board, 2009), http://www.federalreserve.gov/pubs/oss/oss2/2007/scf2007data.html (accessed March 4, 2009).

2 comments:

  1. Meg'n6/19/2009

    I followed the link and read the whole report this comes from, and I highly recommend it. We need to keep reinforcing the message that we can't expect our society as a whole to thrive until every individual is valued on an equal footing. This pragmatic approach converts even those who don't care about social justice in and of itself.

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