What Happens to Black Wealth Under Trump? – The Atlantic

Black Wealth in the Age of Trump

The president-elect has pledged tax reform and job creation—policies that should theoretically help poor and minority Americans. Will they?

Donald Trump talking to reporters after a meeting with black pastorsLucas Jackson / ReutersWhite Americans have about 13 times the wealth of black Americans, a Pew Research report found in 2014, the widest the gap has been since the 1980s.

The wealth discrepancy between black and white Americans is the consequence of decades of housing, land, and education discrimination. Bringing black wealth in line with white would require large systemic and policy changes to tackle those underlying problems—and the political will to do so.

(OUR COMMON GROUND Voice) William Darity, Jr., an economist and professor at Duke University, studies the intersection of inequality, wealth, and race in the U.S. I spoke with him about the recent presidential election and whether or not Donald Trump’s proposals for helping poor and middle-class Americans would extend to poor and middle-class black Americans.

The conversation below has been lightly edited for clarity.

Source: What Happens to Black Wealth Under Trump? – The Atlantic

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