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Tag Archives: Hispanics
After the Fall, The Effects Remain: Household Wealth has not Returned to Pre-Recession Levels
The Federal Reserve Bank of St. Louis’ new Center for Household Financial Stability, provides insights into the effects of the Great Recession on household wealth. The authors, Emmons and Boshara, concluded: “Average household wealth in real terms, contrary to recent headlines, … Continue reading
Posted in Economy, Socio-economic Status, Wealth
Tagged blacks, economic growth, great recession, Hispanics, households, inequality, jobs, race, socio-economic status, wealth
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Minority Turnout Determined the 2012 Election
Via Brookings Institution: “While it may seem like the 2012 presidential election has been analyzed to death, the recent release of the Census Bureau’s November election survey points out the key role that minority voter turnout, especially for blacks, played … Continue reading
Posted in Elections, Government
Tagged blacks, elections, government, Hispanics, Obama, race, Romney
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Troubling Data Points
Via Paul Bucheit: “1. Only THREE PERCENT of the very rich are entrepreneurs. According to both Marketwatch and economist Edward Wolff, over 90 percent of the assets owned by millionaires are held in a combination of low-risk investments (bonds and … Continue reading