Economic Data Shows Punishing Reach of Racism for Blacks

www.nytimes.com

The NYT wrote a new study of income inequality, which followed 20 million children in the United States and showed how their adult incomes varied by race and gender, reflected their economic outcomes. The research was based on data about virtually all Americans now in their late 30s. One striking finding from this study is that white boys who grow up rich are likely to remain that way, while black boys raised in similarly wealthy households are more likely to fall to the bottom than stay at the top in their own adult households.

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