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That was no typo: The median net worth of black Bostonians really is $8
The Boston Globe ^ | December 11, 2017 | Akilah Johnson, Globe Staff

Posted on 12/12/2017 1:24:40 PM PST by tje

The $8 detail in the Globe’s Spotlight series on race in Boston is not a typo.

The median net worth for non-immigrant African-American households in the Greater Boston region is $8, according to “The Color of Wealth in Boston,” a 2015 report by the Federal Reserve Bank of Boston, Duke University, and the New School.

(Excerpt) Read more at bostonglobe.com ...


TOPICS: Business/Economy
KEYWORDS: blackkk; blacklivesmatter; boston; massachusetts; obamalegacy; thegreatsociety; welfare
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To: E. Pluribus Unum

I would imagine that the loan debt on them Escalades is part of the equation. Just as the fact that we own our house and vehicles outright increases our net worth....


81 posted on 12/13/2017 2:36:12 AM PST by trebb (Where in the the hell has my country gone?)
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