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  • Shared Prosperity for All: The Policy Imperative to Close the Racial Wealth Gap

    Center for Global Policy Solutions

    Barbara Lee, Ben Cardin, Elijah Cummings, Marcia Fudge, William Bynum

    Thursday, May 1, 2014

    ×For every dollar in wealth held by the typical white family in 2009, the typical Latino and African-American families only own six and five cents respectively. Lost in the conversation about inequality in America has been the fact that racial and ethnic wealth inequality is more stark, has a devastating impact on households of color, and, if left unchecked, will have profound implications for the U.S. economy as the nation's demographics shift over the next few decades. The summit seeks to engage Members of Congress, Congressional staff, the media, and the public in a dialogue about the racial wealth gap, its effect on marginalized households, its impact on the U.S. economy, and...