Tags

, , , , , , , , , ,

“Lack of sustained progress is most clearly reflected in trends in income inequality. In 1970 the median income for blacks for instance, was 74 percent that of whites, and in 2012 the median income for blacks had increased to only 78 percent of whites (U.S.CensusBureau2012b). A similar lack of progress is evident with Hispanics. In 1995, the median income for Hispanics was 65 percentt that of whites, and in 2012 the median income for Hispanics had increased to only 72 percent of whites (U.S.CensusBureau2012b)”

The Meritocracy Myth
Stephen J. McNamee

Advertisements