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White Americans Now Have 20 Times the Wealth of Black Americans The Racial Wealth Gap Grew Significantly in the New Recession

When the housing bubble burst, a lot of blacks and Latinos took a big hit that's left an extra-wide gulf between them and whites.

We've known for a while now that the wealth disparities in this country are inextricably linked to racial disparities. Sadly, the new recession is only augmenting that problem. The median wealth of white households in America is now 20 times that of black households and 18 times the wealth of Latino households, according to a new study from the Pew Research Center. And in case you're thinking that means whites have $1 million while blacks only have $50,000, think again: The typical net worth of a white household is $113,000 while the typical net worth for a black household is a paltry $5,600, not even the cost of a new car.

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Despite Wisconsin, Americans Hate Unions More than Ever

While unionized workers protest in Wisconsin, many Americans say they actually don't like unions at all.


As Wisconsin protesters continue battling with state Republicans to safeguard the collective bargaining rights of unionized workers, it turns out that most Americans have a pretty negative view of unions themselves.

According to a new report from the Pew Research Center, the favorability rating for unions is the lowest it's been in decades, with only 45 percent of Americans expressing a positive view of the organizations. By contrast, 47 percent of Americans report having a positive view of corporations. What's more, 43 percent of Americans say that when they hear of a dispute between business and labor, their first reaction is to side with business, while only 40 percent of respondents said they instinctually side with labor.

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More Than Half of Americans Haven't Heard About What's Going on in Egypt

Despite the wall-to-wall coverage of the protests, most Americans aren't paying attention.


Though many of us are glued to the television and internet night and day in the hope that an important piece of news might bubble up out of Egypt, it turns out that many more of us are saying, "What's happening in Egypt?"

According to a new study from the Pew Research Center, a full 52 percent of Americans report hearing "little or nothing" about the protests that have been tearing at the government of Egypt for more than three weeks now. What's more, of that 52 percent, 21 percent think the protests will have a negative effect on America.

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