A new report from the public policy think tank Demos and the Institute on Assets and Social Policy (IASP) at Brandeis University found that often, the go-to solutions cited to address economic inequality, do not close the wealth gap between whites and blacks and Latinos. For example, African Americans and Latinos are less likely to have graduated from high school or college, but when they do, their wealth is equivalent to white high school dropouts. And how about single parent, African American families? The median white single parent has more than two times the wealth of the median black two-parent household. [...]
Amy Traub is the Associate Director of Policy & Research for Demos, a think tank that does research to inform public policy to reduce political and economic inequality. She is the lead author of their latest report: “The Asset Value of Whiteness: Understanding the Racial Wealth Gap." Demos and IASP also created The Racial Wealth Audit, which serves as a framework for policy makers to evaluate public policy proposals for their potential to reduce the racial wealth gap. [...]
