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Your Headline suggests that Whites are only 5 times richer than Blacks. However, the article actually reports that the typical White family has 20 times as many assets as their Black counterparts. You further report that even among the highest income Blacks, Whites with similar incomes and class characteristics have nearly 15 times as much wealth. These enormous differences tell the true story, which your headline drastically underestimates.
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Oct 7, 2010