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Not There Yet on Equal Opportunity

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Galston cites a Federal Reserve Board of Chicago 2014 study showing setbacks for black people in achieving improvement in income status. Even for children born into middle income black families about 55% are expected to fall below middle income status compared to 36% for children of white middle income families. The problem is not just the gap as Galston points out but what it says for the declining income mobility for the white middle class when 36% are likely to see declining status and prospect for the future, and 23% will see no improvement. Overall it shows a lack of income and social mobility for whites and minorities alike compared to the past improvements since the 1960's, not a bright prospect and less hope for the future the way things are, and why so many of the establishment candidates and existing policies are being questioned by voters.

Social and economic mobility of black people 2000-2015- setbacks during recent recessions and economic crises

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Not There Yet on Equal Opportunity

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New Orleans, Louisiana, 10 years after Katrina

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The city is seeing a surge in the white population and newcomers to the city as it recovers from the floods. The African American population has declined from 67% to 59%. The number of black children in poverty has increased from 44% to 51%, according to the National Urban League, showing how much remains to be done.

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Katrina may be a metaphor to some, but it’s still a reality to New Orleans - The Washington Post

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Not There Yet on Equal Opportunity

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Black people and the Obama presidency

11/05/2008

A sense that incomes fell, job losses increased and foreclosures on homes increased for black people under the Obama presidency. The same is true for the white middle class and for other minorities. Suggesting that policies that improve the economy and conditions for all middle class and working class Americans is the best hope for all minorities.

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Racial Wealth Gap Widened During Recession

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Economic Recovery Yields Few Benefits for the Voters Democrats Rely On

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Unemployment for minorities and young people in 2014- 11.7 for Black people, 7.8% for Hispanics and 11.3% for ages 18-24

07/09/2014

The huge disconnect between the official unemployment number of 6.1% from the Labor Department -which does not count people too discouraged and stopped looking for work- and the situation for minorities and young people. Combined with only small wage gains for the average worker this accounts for the lack of confidence in the economy of the average American in 2014 as reflected in the Gallup Economic Confidence Index.

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The economy is showing signs of improvement. So why aren’t Democrats talking about it? - The Washington Post

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Job Growth for Hispanics Is Outpacing Other Groups

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How the crisis is affecting black people. How the housing crisis has affected them, how the cities are doing for unemployment and underemployment. How the auto industry has affected black people.

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From slavery to Ferguson, Ken Burns sees an unfinished Civil War - The Washington Post

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Black men and black women- proportions in the population and the effects of incarceration

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About 1.5 million black men in the U.S. are missing, says this report in the NYT in 2015. There are 83 black men for every 100 black women as a result of the high levels of incarceration in the U.S. The levels of population in prisons in the U.S. is at levels rarely seen elsewhere in the world.

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1.5 Million Missing Black Men

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Obama Starts Initiative for Young Black Men, Noting His Own Experience

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Not There Yet on Equal Opportunity

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Wealth gap in the U.S. between whites and minorities- devastating impact of the recession of 2008

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Hispanics and blacks counted housing equity as a much bigger part of their assets than whites. The recession and financial crisis of 2008 wiped out fully two thirds of the median net worth of Hispanic families and one half for Black families, with both groups having close to $6000 in total median net worth in 2010, according to data from Pew surveys.The recession has proved to be severe in its impact on minorities, and the election of a black president has done little to improve things- especially considering the dismal record of the Obama administration in helping prevent foreclosures.

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Racial Wealth Gap Widened During Recession

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The economic problems of black communities- decline in public sector jobs and the hollowing out of manufacturing

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Planting Seeds in Baltimore

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From Ferguson to Charleston and Beyond, Anguish About Race Keeps Building

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Tex. grand jury issues no indictments in jailhouse death of Sandra Bland - The Washington Post

Washington Post 12/22/2015

A disappearing U.S. middle class in 2012-2015

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Meyerson, Ignatius and others ask the tough questions about America and the prospects for a future with a disappearing middle class, pointing to the need to structure globalization and build cooperation between workers, management and the government in new constructive ways.

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America’s Sinking Middle Class

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Workers in U.S. manufacturing plants in 2015- global competition, U.S. competitiveness and downward pressure on wages

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Workers who were once in the middle class are now lower class as conditions have changed in the automobile and other U.S. manufacturing plants. As more jobs are created in manufacturing than in IT related industries, this is a significant factor in improving U.S. employment and wages. There is an 86% increase in imports of parts from Mexico since 2008, over double for China.

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The other roots of increasing inequality in the U.S.- global competition and sourcing, the case of the U.S. auto industry and manufacturing workers

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Auto parts imports into the U.S. from Mexico have increased by 86% since 2008, more than doubled for China. As wages rise in China, India is the next source country for low cost automobile parts from auto industry hubs in Gujarat and Tamilnadu, placing continuous downward pressure on manufacturing wages for the next decade, and the next. Parts imports were $32 billion in 1990, $138 billion in 2014. Workers in manufacturing make as low as $10 an hour today, similar to workers at Wal-Mart. An entire generation of manufacturing workers are now shifted from middle class to lower class from their parents generation to their own, reducing educational mobility in the American system and fewer opportunities for improvement. As more jobs are created in manufacturing than in IT related industries this is a significant hurdle for improving wages and employment in the U.S.

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U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise

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Tax Policy Center research that shows $157 billion generated from increasing taxes on the over 1 million income earners in the top 1% in the U.S.

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The top 1% earn about $2.1 million on average and are considered to be the largest beneficiaries of tax and economic policy of recent decades, just as global competition severely hurt wages of factory workers. A Tax Policy Center (Brookings Institution and Urban Institute backed) study shows that increasing taxes on the 1.13 million households in the top 1% from a federal rate of 33.4% currently to 40% would generate $157 billion, enough to provide for tution free educaton in colleges and universities in the U.S., finance spending on infrastructure, and provide assistance to the middle class for high health premiums. Public opinion in the U.S. favors higher taxes for the top 1% to pay for programs that increase opportunity for the middle class and workers with low incomes. Education is a great leveler of income disparities over time, one of the reasons the U.S. offered tution free education to returning veterans after World War II. Incomes for people in this income group of the top 1% would still be about $1 million a year after the tax increase, according to the Tax Policy Center.

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What Could Raising Taxes on the 1% Do? Surprising Amounts

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Elizabeth Warren’s claim that the bottom 90 percent got ‘zero percent’ of wage growth after Reagan - The Washington Post

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Pieces of Silver

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Mark Sanford: I Support You, Donald Trump. Now Release Your Tax Returns.

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U.S. Household Incomes Surged 5.2% in 2015, First Gain Since 2007

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Social and economic mobility for the middle class emerging as the central issue in the 2016 U.S. presidential campaign

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Bernie Sanders and Hillary Clinton in the Demcratic Party, and Jeb Bush in the Republican Party, are making social and economic mobility for the middle and working class a central issue in the 2016 presidential campaign. In Britain Corbyn's election to the leadership of the Labor Party with all other candidates doing poorly, is also creating a focus on economic issues and better access to education and jobs.

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Incomes and Poverty, 2014

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Not There Yet on Equal Opportunity

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America’s white working class is a dying breed - The Washington Post

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The missing working class - The Washington Post

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Focus on wages, income disparities, rising inequality, and a shrinking middle class in the first Democratic debate, for the U.S. 2016 presidential election

10/14/2015

O'Malley, Sanders and Clinton emphasize this issue in the debate.

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The CNN Democratic debate transcript, annotated - The Washington Post

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Clinton, judged winner of debate, holds big national lead over Sanders - The Washington Post

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Not There Yet on Equal Opportunity

Wall Street Journal 10/21/2015

Elizabeth Warren’s claim that the bottom 90 percent got ‘zero percent’ of wage growth after Reagan - The Washington Post

Washington Post 10/23/2015

Paris massacre could alter the 2016 presidential race in this country - The Washington Post

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