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There are new racial wealth gap numbers, and they're not pretty
Gary Cunningham, the president & CEO of Prosperity Now, came on Yahoo Finance to discuss his group’s recent scorecard on the racial wealth gap in the US.
It’s not a pretty picture even amid the booming economy.
The report finds that 37% of households (including 58% of black and Latino households) are "liquid asset poor" — defined as not having enough cash to subsist above the federal poverty line without income for more than three months.
This comes even as some, notably President Donald Trump, repeatedly tout record low unemployment rate among people of color.
Link to tweet
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https://finance.yahoo.com/news/there-are-new-racial-wealth-gap-numbers-and-theyre-not-pretty-204037185.html?.tsrc=bell-brknews
