Marketplace Promotes Racial Economic Equality
|
There are indications that the differences between blacks and whites are slowly being
resolved. Observers say this is not so much the result of White House-sponsored racial
dialogues, but rather market-driven progress in promoting equality.
- In 1949, only 12 percent of blacks described themselves as "middle
class" -- a proportion that has risen to 44 percent today.
- While 15 percent of blacks lived in suburbs in 1950, 31 percent do so today.
- The median income for a black married couple in 1995 was $41,307 -- compared to
$47,539 for whites.
- A Time/CNN poll last fall revealed that 89 percent of black teens believed racism
was only "a small problem" or "not a problem at all" in their lives.
Source: Editorial, "Colorblind or Color Conscious?" Investor's
Business Daily, July 13, 1998.
|
