States Cut School Funding

via The Maddow Blog

Massachusetts still hanging in there!

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Wealth Gap By Race Increases

Chart: Record income gap by race

By Laura Conaway, THE MADDOW BLOG
Tue Jul 26, 2011 3:59 PM EDT

Pew Research Center

From the Pew Research Center:

The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009.

Those are unsettling numbers. From 1984 to 2009, Pew reports, the closest ratio of white wealth to black or Hispanic wealth was 7:1. That happened in each category in 1995. We’ll have more on the show tonight.