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What specific indicators can point to lack of progress for African Americans in American society?

What specific indicators can point to lack of progress for African Americans in American society?

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Poverty is still too common in the U.S. In 1968, 25 million Americans — roughly 13 percent of the population — lived below poverty level. In 2016, 43.1 million – or more than 12.7 percent – do.Today’s black poverty rate of 22 percent is almost three times that of whites. Compared to the 1968 rate of 32 percent, there’s not been a huge improvement.Financial security, too, still differs dramatically by race. Black households earn $57.30 for every $100 in income earned by white families. And for every $100 in white family wealth, black families hold just $5.04.Another troubling aspect about black social progress – or should I say the lack thereof – is how many black families are headed by single women. In the 1960s, unmarried women were the main breadwinners for 20 percent of households. In recent years, the percentage has risen as high as 72 percent.This is important, but not because of some outmoded sexist ideal of the family. In the U.S., as across the Americas, there’s a powerful connection between poverty and female-headed households.Black Americans today are also more dependent on government aid than they were in 1968. Currently, almost 40 percent of African-Americans are poor enough to qualify for welfare, housing assistance and other government programs that offer modest support to families living under the poverty line.That’s higher than any other U.S. racial group. Just 21 percent of Latinos, 18 percent Asian-Americans and 17 percent of whites are on welfare.

Black households, for example, have far less access to tax-advantaged forms of savings, due in part to a long history of employment discrimination and other discriminatory practices. A well-documented history of mortgage market discrimination means that blacks are significantly less likely to be homeowners than whites,which means they have less access to the savings and tax benefits that come with owning a home. Persistent labor market discrimination and segregation also force blacks into fewer and less advantageous employment opportunities than their white counterparts Thus, African Americans have less access to stable jobs, good wages, and retirement benefits at work all key drivers by which American families gain access to savings. Moreover, under the current tax code, families with higher incomes receive increased tax incentives associated with both housing and retirement savings. Because African Americans tend to have lower incomes, they inevitably receive fewer tax benefits—even if they are homeowners or have retirement savings accounts. The bottom line is that persistent housing and labor market discrimination and segregation worsen the damaging cycle of wealth inequality.

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