On August 19, 2013, Ezra Klein and Evan Soltas write on the Wonkbook in The Washington Post:
“Fifty years ago, the unemployment rate was 5 percent for whites and 10.9 percent for blacks, according to the Economic Policy Institute. Today, it is 6.6 percent for whites and 12.6 percent for blacks. Over the past 30 years, the average white family has gone from having five times as much wealth as the average black family to 6 1/2 times, according to the Urban Institute…Twenty-one percent of blacks lack health insurance, compared with 13 percent of whites, according to the Kaiser Health Foundation.”
And the productive capital OWNERSHIP GAP constantly widens, leaving the 99 percent (all races) propertyless and unable to accumulate enough “past savings” from consumption to afford to acquire productive capital ownership assets.
For solutions see “Financing Economic Growth With ‘FUTURE SAVINGS’: Solutions To Protect America From Economic Decline” at NationOfChange.org http://www.nationofchange.org/financing-future-economic-growth-future-savings-solutions-protect-america-economic-decline-137450624
