Why, When I Encounter MongoRoid Apologists Wringing Hands About White “Economic Anxiety,” I Vomit

Everyone knows that wealth is unequally distributed. But the magnitude of the gap between white and black Americans is on a different scale. White households own, on average, seven times as much wealth as African-American households (and six times as much as Latino ones). The Forbes 100 billionaires are collectively as rich as all black Americans combined. At current growth rates, it would take black Americans two hundred and twenty-eight years to have as much wealth as white Americans have today.

James Suroweicki

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