The majority of African American seniors (83 percent) lack the retirement assets they need to last the remainder of their lifetimes. Additionally, more than two-thirds of African Americans are liquid-asset poor, meaning that their combined assets alone are not enough to make ends meet. This infographic summarizes the findings of the fact sheets “African American Retirement Insecurity” […]
Dr. Maya Rockeymoore’s Statement on the Census 2014 Poverty, Income, and Health Insurance Data
September 16, 2015, Washington, D.C.—The national poverty rate is virtually unchanged from last year and continues to be too high, even with the steady job growth we have had over the past six years. Census data released today show that 14.8 percent of Americans, or 46.7 million people, lived in poverty in 2014. Child poverty, […]
Room for Debate: Maya Rockeymoore on Groundless Fears About Medicaid and Medicare
For the 50th anniversary of Medicare and Medicaid, Maya Rockeymoore writes in New York Times’ Room for Debate that we should celebrate the fact that these programs have helped millions of Americans and make sure they are adequately funded for future generations. We can afford to do that if we make it a priority. It’s easy […]
Op-Eds on Racial Wealth Inequality
From access to investing to the harsh discipline black women face, the Supreme Court decisions on fair housing and gay marriage, to access to healthy food, the minimum wage, and using public resources to generate income for all Americans, there is no shortage of topics that touch on racial wealth inequality. Members of the Experts […]
Salon.com Story on the Gender and Racial Wealth Gap
Mariko Chang, a member of the Experts of Color Network, released a study on wealth disparities by gender, race, age, education, marital and parental status. The study was featured in a Salon.com story by Sean McElwee. Adding a racial lens to the data (viewed in the chart above) also produces stark divergences: the median black […]
Gap Between Men’s and Women’s Wealth Persists Throughout Lifetime Regardless of Education
– Race and Single Parenthood Deepen Wealth Inequalities – Contact: Jennifer Farland, jennifer.farland@jfarland.com, 202-297-1261 Simona Combi, simona@globalpolicysolutions.org, 202-265-5111 Chicago, Ill., July 14, 2015—Single women have only 32 cents for every dollar of wealth owned by single men, a report released today by the Asset Funders Network (ANF) finds. The women’s wealth gap lies at the heart […]
Salon.com: Guaranteed Government Jobs — The Economic Plan That Could Save America
In June, we released A Policy Agenda to Close the Racial Wealth Gap, a collection of 37 policies in seven categories selected by the members of the Experts of Color Network. One of them, guaranteed government jobs, caught the eye of Sean McElwee, a Demos researcher and columnist for Salon.com, who mentioned it in […]
We Applaud the Supreme Court Decisions, Which Will Create a More Inclusive Society
Washington, D.C., June 29, 2015 — In a whirlwind week of Supreme Court decisions, millions of Americans gained or maintained important rights necessary for achieving a diverse and inclusive society. We applaud the Supreme Court for affirming the right of all gay couples to marry anywhere in the country, maintaining the subsidies that make health […]
Washington Post: What age is best to start drawing Social Security benefits? Truth is, it depends.
If there is one piece of advice that financial advisers seem nearly unanimous on, it’s Social Security and when you should take it. If you can, wait till you’re 70. You could double your monthly check. Rodney Brooks, retirement and personal finance columnist for The Washington Post, hashes out the various factors affecting this decision. For […]
Press Release for the Policy Agenda to Close the Racial Wealth Gap
Contact: Simona Combi, 202-265-5111 simona@globalpolicysolutions.org Group of Experts Releases Comprehensive Policy Recommendations Aimed at Helping People of Color Achieve Economic Stability Washington, D.C., June 10, 2015—The 200 members of the Experts of Color Network released “A Policy Agenda for Closing the Racial Wealth Gap” today. Black and Latino families hold 6 and 7 cents respectively […]
