Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
Yeah but medians should be less sensitive to extremes than averages, and the median white wealth has increased from 2010 to 2014, albeit modestly. I suppose for whites, that 401(k) probably has rebounded to well past where it was at the bottom, and that is where the modest gains are. All that said, it is a tragedy, independent of the increase or decrease, that black and hispanic households are utterly penniless. It's indefensible when we consider how much money is up for grabs in the US.