Income Disparity between white, black families grows

Discussion in 'Et Cetera, Et Cetera' started by Principessa, Nov 13, 2007.

  1. Principessa

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    INCOME DISPARITY
    Gap between white, black families grows

    By STEPHEN OHLEMACHER
    Associated Press
    Published on: 11/13/07

    Washington — Decades after the civil rights movement, the income gap between black and white families has grown, says a new study of the incomes of some 8,000 families.

    Incomes have increased among both black and white families in the past three decades — mainly because more women are in the work force.

    But the increase was greater among whites, according to the study being released today that tracked the incomes of 2,367 families for more than 30 years, surveying parents and children, who are now grown.

    One reason for the growing disparity: Incomes among black men have actually declined in the past three decades, when adjusted for inflation. They were offset only by gains among black women.

    Incomes among white men were relatively stagnant, while those of white women increased more than fivefold. "Overall, incomes are going up. But not all children are benefiting equally from the American dream," said Julia Isaacs, a fellow at the Brookings Institution, a Washington think tank. Isaacs wrote a series of three reports that looked at the incomes of parents in the late 1960s and early 1970s, and of their grown children 30 years later.

    Parents have long hoped that their children would grow up to be more successful than they were. Hopes were especially high for black children who came of age following the civil rights movement of the 1960s.

    The reports found that about two-thirds of the children surveyed grew up to have higher family incomes than their parents had 30 years earlier.

    Grown black children were just as likely as whites to have higher incomes than their parents. However, incomes among whites increased more than their black counterparts. The result: In 2004, a typical black family had an income that was only 58 percent of a typical white family's. In 1974, median black incomes were 63 percent those of whites.

    "Too many Americans, whites and even some blacks, think that the playing field has indeed leveled," said Marc Morial, president and CEO of the National Urban League.
    It has not, he added.

    "We are like fingers on the hand," Morial said of black and white Americans. "We are on the same hand, but we are separate fingers."

    Morial blamed the disparities on inadequate schools in black neighborhoods, workplace discrimination and too many black families with only one parent.

    "The public policy commitment to this has been sketchy over the last 30 years," Morial said. "There has not been a real focus on this."

    Perhaps most disturbing, middle-income black families do not appear to be passing on higher incomes to their children in the same way that white families have, Isaacs said.

    She found that only one in three black children from middle-income families grew up to have higher incomes than their parents.

    "That means a majority ended up slipping down," Isaacs said. Among whites, about two-thirds of the children from middle-income families grew up to have higher incomes than their parents, she said.

    On a positive note, black children from poor families were much more likely to grow up to have higher incomes than their parents, Isaacs said.

    Isaacs compiled the reports for the Economic Mobility Project, a collaboration of senior economists and researchers from four Washington think tanks that span the ideological spectrum. The project is funded and managed by the Pew Charitable Trusts.
     
  2. B_Italian1

    B_Italian1 New Member

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    Go ladies! :smile:

    That is weird. I wonder what the explanation for that would be?

    I wasn't aware of that, but a lot of white women are opening up small businesses, and are also more likely being promoted in large companies.

    All factors which need to be addressed more.

    That's not good at all. Could be the unwed mothers and dropping out of school.

    That's good news! :smile:
     
  3. Principessa

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    Quote:
    Originally Posted by njqt466 [​IMG]
    Incomes have increased among both black and white families in the past three decades — mainly because more women are in the work force.

    Go ladies! :smile: This is not news.. :redface:

    Quote:
    Originally Posted by njqt466 [​IMG]
    One reason for the growing disparity: Incomes among black men have actually declined in the past three decades, when adjusted for inflation. They were offset only by gains among black women.

    That is weird. I wonder what the explanation for that would be? If you look at the data from the reconstruction era onward you will find that black women have always earned more than black men

    Quote:
    Originally Posted by njqt466 [​IMG]
    Incomes among white men were relatively stagnant, while those of white women increased more than fivefold.

    I wasn't aware of that, but a lot of white women are opening up small businesses, and are also more likely being promoted in large companies. I find it hard to believe white mens salaries have stagnated in America.:rolleyes::eek:

    Quote:
    Originally Posted by njqt466 [​IMG]
    Morial blamed the disparities on inadequate schools in black neighborhoods, workplace discrimination and too many black families with only one parent.

    All factors which need to be addressed more.

    Quote:
    Originally Posted by njqt466 [​IMG]
    She found that only one in three black children from middle-income families grew up to have higher incomes than their parents.

    That's not good at all. Could be the unwed mothers and dropping out of school. In my experience middle class black girls rarely drop out or become pregnant while still in high school.

    Quote:
    Originally Posted by njqt466 [​IMG]
    On a positive note, black children from poor families were much more likely to grow up to have higher incomes than their parents, Isaacs said.

    That's good news! :smile: Yes, but it is also rare. If you were raised on welfare and hated it, so you do well in school get a scholarship to college and make something of yourself thats's great; but it is not the norm. Just be virtue of having tried to work those kids are doing better than their parents.:tongue:
     
  4. HazelGod

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    Believe it.

    Except for a select few, nobody in corporate America is riding the gravy train these days. I work in an industry that typically outperforms the averages, and most of the people I work with have been treading water or actually going backward in terms of their compensation when you factor inflation and other cost of living increases into the picture.
     
  5. BigDuder

    BigDuder New Member

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    we're all pretty much fucked
     
  6. Principessa

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    You mean they don't pay you more for having such a deliciously big cock?!? :confused::eek:
     
  7. HazelGod

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    Only in fringe benefits, doll...:wink:

    I'm afraid it doesn't count for much in the way of cold, hard cash.
     
  8. whatireallywant

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    I think this too. But I don't think it is just white men. I know that my own income is less than half of what it was three years ago.

    Possibly the perceived difference is that while most jobs are declining (due to downsizing, outsourcing, etc.), many jobs in traditionally female fields remain and are in demand. I see a possible trend of more younger men going into these fields (such as nursing and teaching) as well. However, I know that I am absolutely NOT suited for either of these fields. The fields I am most suited for are unfortunately many of the ones that are being heavily outsourced.
     
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