The black-white economic divide is as wide as it was in 1968
By Heather Long and Andrew Van Dam
As Black Live Matter protests grow across the nation over policing, the deep economic inequalities that African-Americans face are coming to the forefront. In many ways, the gap between the finances of blacks and whites is still as wide in 2020 as it was in 1968, the year the nation enacted the Civil Rights Act in response to years of unequal treatment of African Americans in nearly every part of society and business. …“Everybody knows that people of color are at an incredible economic disadvantage, but few realize it’s as bad or worse than it was before Civil Rights,” said Karen Petrou, managing partner of Federal Financial Analytics. “Black Lives Matter has shown that we don’t have Selma Bridge anymore, but the situation today is profoundly troubling.”