{"id":41535,"date":"2011-11-14T12:30:17","date_gmt":"2011-11-14T17:30:17","guid":{"rendered":"http:\/\/media.lclark.edu\/content\/hart-landsberg\/2011\/11\/07\/inequality-class-and-race\/"},"modified":"2012-01-08T14:44:34","modified_gmt":"2012-01-08T19:44:34","slug":"race-and-the-top-10-a-different-story-for-black-folks","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2011\/11\/14\/race-and-the-top-10-a-different-story-for-black-folks\/","title":{"rendered":"Race and the Top 10%"},"content":{"rendered":"

<\/a><\/a><\/a><\/a><\/span><\/p>\n

Cross-posted on Reports from the Economic Front<\/a>.<\/em><\/p>\n

The Occupy Movement has clearly transformed conversations about the economy.\u00a0 It is now inequality — in particular, the gap between the top 1% and everyone else — rather than the national debt that dominates the news<\/a>.<\/p>\n

To review, this gap is real, as the following charts from the Economic Policy Institute<\/a> make clear.\u00a0 This chart shows the percentage increase in household income over the period 1979 to 2007 by income group.\u00a0 While the top 1% enjoyed income gains of 224% over the period, the gains enjoyed by the bottom 90% were far more modest: 5%.\u00a0 Equally striking is the fact that the household income of top 0.01% shot up an astounding 390%.<\/p>\n

<\/a><\/a><\/a><\/a>\"income-growth.jpg\"<\/p>\n

Unfortunately, there is another income gap that has not received nearly as much attention.\u00a0 It is the white-nonwhite gap.\u00a0 The Portland, Oregon based Coalition of Communities of Color recently published a report<\/a> on the socioeconomic situation of\u00a0people of color in Multnomah Country (which includes Portland). <\/span><\/p>\n

As the chart below reveals, the mean income of families of color in the top decile (10%) actually declined by $6,002 over the years 1979 to 2007.\u00a0 By contrast, the mean income of white families in the top 10% \u00a0rose by $122,591.\u00a0 White families and families of color in the bottom half of the distribution all suffered losses.<\/p>\n

<\/a>\"multnomah.jpg\"<\/p>\n

The following two charts show the mean earnings of each group by decile and their change between 1979 and 2007.<\/p>\n

Portrait in 1979:<\/p>\n

<\/a><\/a>\"1979.jpg\"<\/p>\n

<\/a><\/a><\/a>Portrait in 2007:<\/p>\n

\"2007.jpg\"<\/p>\n

This last chart shows poverty rates by color.\u00a0 Clearly, as we work to create a more equitable society,\u00a0our efforts must also be guided by awareness of\u00a0the existence of serious racial and ethnic inequities.<\/p>\n

<\/a><\/a><\/a><\/a>\"poverty.jpg\"<\/p>\n

<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Occupy Movement has clearly transformed conversations about the economy.\u00a0 It is now inequality–in particular, the gap between the top 1% and everyone else–rather than the national debt that dominates the news.
\nThis gap is real, as the following charts from the Economic Policy Institute make clear.\u00a0 This first one shows the percentage increase in household […]<\/p>\n","protected":false},"author":1853,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[29,36,778,285,1760],"class_list":["post-41535","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-class","tag-economics","tag-intersectionality","tag-raceethnicity","tag-raceethnicity-blacksafricans"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/41535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/1853"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=41535"}],"version-history":[{"count":9,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/41535\/revisions"}],"predecessor-version":[{"id":41780,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/41535\/revisions\/41780"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=41535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=41535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=41535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}