These hyphenated Americans made their own bed. Now lay in it!
The Depression is racist?
Oh well.
Millions of very qualified people are out of jobs, small business growth is non-existent, etc and so on and you think people are going to hire blacks and illegals who can't speak the language or do simple math for $7.50 an hour.
That's the problem when a Marxist government enacts "social justice" (take the wealth from the producers and give it to the non-producers), the end results are that those less productive members of society are disproportionality effected.
How conveniently the EPI overlooks the fact the Democrat Party (and unfortunately some Big Government Republicans--or as Mark Levin calls them, Repubelicans) have perpetuated this horrific cycle of poverty and underemployment for the better part of half a century. It was only when Ronald Reagan, recognizing the failure of such programs instituted what some have derisively coined "Trickle Down Economics" or even more sneeringly "Reaganomics", which resulted in an economic boom for Blacks, including ownership of business now threatened with extinction, and a huge influx into the Free Market, or Private Sector.
Democrat Majorty Controlled Senate ....check!
First Democrat Negro President ...check!
Negros, Mexicans, Women, Children Hurt Most!
Surprise! ...Surprise!! ...Surprise!!!
And these unemployment figures are understated. If you use the U-6 figures, the numbers double to beyond 35%. And in many urban areas, it is over 50%.
Those that put the bastard Marxist in power, can live in cardboard boxes and eat from dumpsters for all I care.
“the family median net worth of whites in 2007 was $170,400, compared with $27,800 for blacks and Hispanics.”
What a meaningless comparison! Talk about apples and oranges. Take out all the whites earning $176,000 in Congress and all the illegal “Negros y Espanos”. Next take out all the third and fourth generation millionaires who inherited their wealth and high school dropouts who can’t hold a decent job.
Now compare the two medians, if you want. It STILL will be meaningless, only less so.