From: The New York Times

Whites Have Huge Wealth Edge Over Blacks (but Don’t Know It)

The New York Times:

The Yale researchers suspected that many people would not get the answers right.

“I’m a person who studies inequality, who should really know how inequality looks,” said one of the psychologists, Michael Kraus, who researches the behaviors and beliefs that help perpetuate inequality. “And I look at the black-white gap, and I’m shocked at the magnitude.”

Black families in America earn just $57.30 for every $100 in income earned by white families, according to the Census Bureau’s Current Population Survey. For every $100 in white family wealth, black families hold just $5.04.

“It seems that we’ve convinced ourselves – and by ‘we’ I mean Americans writ large – that racial discrimination is a thing of the past,” said Jennifer Richeson, who was another of the study’s authors, along with Julian Rucker, a doctoral student. “We’ve literally overcome it, so to speak, despite blatant evidence to the contrary.”

Read the whole story: The New York Times

Comments

I’m pretty sure that by ‘we’ you meant white Americans writ large. Those who are targets of racial discrimination are all too aware that it is still alive, well, and ugly.

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