ABOUT Meizhu Lui
April 06, 2011
Black households with children have just 4 percent of the wealth of whites. This widening divide has a profound impact on opportunities for kids -- and America's future, says the director of the Insight Center for Community Economic Development.
Anyone who’s still throwing around the term “post-racial society” doesn’t know anything about Americans and money. For every dollar a typical white family has, a black family now has just 10 cents. How the recession is turning the wealth gap into a deepening canyon.