via bcnn1.com A Chicago Sun Times article, headlined “The disappearing black middle class,” reports on the disproportionate impact of these hard economic times on blacks.
According to the data, taken from the Washington-based Economic Policy Institute, median net worth of white households fell from $134,280 in 2004 to $97,860 in 2009, while over the same period median black household net worth went from $13, 450 to $2,170.
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