How African Americans Have Been Ousted From the Middle Class
The housing crisis and chronic high unemployment have taken their toll
There is no doubt that the global financial crisis, which began in the U.S. with the collapse of the housing market, had a tremendous affect upon upward social and economic mobility for African-Americans and other minorities. After decades of struggle for equality in this country, the setback for these communities will be felt for decades to come. There are four factors – the housing crisis, chronic high unemployment rates, lack of decent wages, and the higher education scam – that are creating a debilitating and severe economic divide between people of color and non-Hispanic whites in the United States.
A Ruined Middle Class: The Housing Crisis Hit African-Americans Hardest
In the wake of the worst economic downturn since the Great
