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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1197341)1/30/2020 6:34:31 PM
From: mel221  Read Replies (1) of 1577188
 
Obama made white people richer than he did black people.

What Percentage of Black Americans Owns Stock?

The article "America's Financial Divide" added context to racial wealth inequality stating "…nearly 96.1 percent of the 1.2 million households in the top one percent by income were white, a total of about 1,150,000 households
en.wikipedia.org

Based on data from the Federal Reserve’s Survey of Consumer Finance, the typical black family has only 10 cents for every dollar held by the typical white family.

marketwatch.com

>> "Obama made white people richer than Trump."
>> A few, anyway.

More than a few... Millions actually.

en.wikipedia.org

This means 28 percent of the total 83 million white homes, or over 23 million white households, have more than $356,000 in net assets. While only 700,000 of the 14 million black homes have more than $356,000 in total net worth."

One more time, with feeling... Thanks Obama!
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