BlackEconomics.org® The relatively few existing Black American economists focus largely on inequality (stratification) issues. We realize that in-equality in employment and income are not our primary concerns even as we consider Black America’s ~$1.8 trillion in spending power for 2023.(1) Rather, wealth inequality is the most salient metric by which we assess progress: Our wealth […]
NAREB Wants Special Purpose Credit Programs to Bridge Black-White Homeownership Gap
By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia The median net worth for Black households is an embarrassingly low $24,000 compared to $188,000 for white families. And that’s one reason only 45.3% of Black Americans owned their homes in 2022, compared to 74.6% of white people, according to the National Association of Real […]
Congressional Committee Hears About Milwaukee’s Housing Inequities — And How to Fix Them
By PrincessSafiya Byers Milwaukee Neighborhood News Service This story was originally published by Milwaukee Neighborhood News Service, where you can find other stories reporting on fifteen city neighborhoods in Milwaukee. Visit milwaukeenns.org. Rent caps, support for emerging developers and direct financial support for proven housing agencies were just a few solutions to housing inequities presented […]
Raising Wisconsin’s Minimum Wage Would Significantly Cut Poverty. So Why Is It Still $7.25?
Gretchen Gerlach (Wisconsin Watch) Milwaukee Neighborhood News Service This story was originally published by Milwaukee Neighborhood News Service, where you can find other stories reporting on fifteen city neighborhoods in Milwaukee. Visit milwaukeenns.org. For 26-year-old Olivia McKnight, raising the minimum wage to $15 an hour would transform her life. As a full-time Popeyes employee in […]