How to close the racial wealth gap

Tuesday, March 24, 2009

In 2004 the typical black family had twelve cents for every dollar held by the typical white family. By 2007, that number had dropped to ten cents. Why is the gap getting wider? Today the Color of Wealth 2009 Policy Summit in Washington will bring scholars, policy experts, and advocates together with lawmakers to analyze the reasons for the growing gap and devise ways to close it. Meizhu Lui, Director of the Closing the Racial Wealth Gap Initiative at the Insight Center for Community Economic Development, joins John with a look at some of the issues addressed at the conference.


Meizhu Lui


Nadia Zonis

Comments [1]


It would be an incredible shame for this gap to widen even further during the term of our first black president. Black Americans have been the victims of institutionalized racism by the goverment for far to long. Lets make the "American Dream" obtainable for all races in our great melting pot.

Mar. 24 2009 09:37 AM

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.