Harvard study shows effects of racism on income for black men

According to a recent study from researchers at Harvard, Stanford and the Census Bureau, there is severe income inequality that exists between black and white men that causes adult black males to earn significantly less than their white counterparts.

A common theme among income inequality discussions is that the heart of the problem exists due to class as opposed to race. But in this study, which traced the income of 20 million children and their parents, black boys raised in wealthy families will still earn less than their white peers that grew up in wealthy families in 99 percent of America, proving that race is still the central issue.

The study also shows that the income gap between white men and black men and is substantially greater than the income gap that exists between white women and black women. In fact, for women that were raised in households of similar incomes, there is no income gap.

Read the story HERE and view the study HERE.

 

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