A group that is 13 percent of the U.S. population and built one of the the wealthiest countries the world has known as slave labor controls less than 1.75 percent of that country’s household wealth. With a massive amount of the small slither in the hands of a small black elite. According to the Pew Research Study, 35 percent of Black households have Negative or No Net Worth. Another 15 percent have less than $6,000 in total household worth, that’s nearly 7 million of the total 14 million black households that have little or no security.[spacer height=”20px”]
A black household with an annual income of $50,000 lives on average in a neighborhood where the median income is under $43,000. But whites with the same income live in neighborhoods where the median income is almost $53,000—about 25 percent higher.[spacer height=”20px”]
Meanwhile, white families with an annual income of just $13,000 on average live in neighborhoods where the median income is $45,000—slightly higher than the precincts occupied by middle-class blacks and just below that of middle-class Hispanics.[spacer height=”20px”]
The numbers tell the story, Where are you and your family on the list? What do you plan on doing about it?